Beer

AB InBev fined €200m for EU rules breach

Jupiler beer
Getty Images

The world's biggest beer company, AB InBev, has been fined €200m (£173m) by the European Commission for breaching EU competition rules.

The Commission said AB InBev had abused its dominant position in the Belgian beer market by hindering cheaper imports of its Jupiler beer from the Netherlands into Belgium.

Margrethe Vestager, the commissioner in charge of competition policy, said: "Consumers in Belgium have been paying more for their favourite beer because of AB InBev's deliberate strategy to restrict cross border sales between the Netherlands and Belgium.

"Attempts by dominant companies to carve up the Single Market to maintain high prices are illegal. Therefore we have fined AB InBev €200m for breaching our antitrust rules."

Brewdog seeks more fan-investors

Brewdog
Brewdog

Craft beer firm Brewdog is inviting beer fans to invest in the business for the sixth time in just nine years.

Over the weekend it revealed it would seek to raise a fresh £7m.

If it reaches the amount, it would bring the total raised since its first equity crowdfunding round in 2010 to £74m.

That would pay for a lot of pints!

'Make people want to try harder'
A happy workplace culture means better productivity, says former Saracens rugby player turned beer boss Alistair Hargreaves.
Cheese, chops and hops: Brexit and the impact on UK produce
With Brexit looming, a lamb farmer, cheese maker and brewer give their take on what it might hold.