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."

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That would pay for a lot of pints!

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