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German brewers fined 106.5m euros for price-fixing

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 draft and bottled beers between 2006 and 2008.

Steve Evans reports.

  • 13 Jan 2014
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