German brewers fined 106.5m euros for price-fixing

Oktoberfest in Munich Other brewers are still under investigation

Related Stories

German competition authorities have fined five big breweries a total of 106.5m euros (£88.8m; $145m) for illegal price-fixing.

Bitburger, Krombacher, Veltins, Warsteiner and Barre were all penalised, as well as seven people who were found personally responsible.

The Federal Cartel Office said they had colluded on price rises for draught and bottled beers between 2006 and 2008.

The office says six other brewers are still under investigation.

It added that the investigation was prompted by information from the German unit of global beer giant Anheuser-Busch Inbev, which brews Becks beer.

The company escaped a fine because of its co-operation with the inquiry.

Germany is the biggest producer of beer in Europe.

More on This Story

Related Stories

More Business stories


BBC Business Live

    GDP FIGURES 06:03: Radio 5 live

    CBI director-general, John Cridland is still on 5 live. The recovery is currently investment-led rather than export-led. Sterling's strength isn't helping but isn't wholly choking things off either, he says.

    GDP FIGURES 06:01: Radio 5 live

    Director-General of the Confederation of British Industry John Cridland expects growth of 0.8% in the second quarter, he tells 5 live. "We are getting some balance in the recovery, like a boxer in the boxing ring finding his feet," he says. Companies are investing, finally, he says, and that's crucial. This is what will add to wages.

    06:00: Howard Mustoe Business reporter

    Good morning! Please get in touch via email on or via twitter @BBCBusiness

    06:00: Matthew West Business Reporter

    Good morning. So, let's catch up from last night: Amazon had a tough second quarter, as did General Motors. And the International Monetary Fund downgraded its global economic growth forecast. Here at home it's as good as confirmed that the UK is richer than it has ever been (you literally have never had it so good, you lucky, lucky people). Do you feel richer than you did last year? How about last week? Or yesterday even? We'll find out at 09:30 with second quarter GDP, so stay with us.



BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.