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Thread: German beer giants accused of price-fixing

  1. #1
    Join Date
    Jan 2003
    Posts
    4,193

    German beer giants accused of price-fixing

    http://www.thelocal.de/national/2013...l#.UU5QPxyG26E
    Competition regulators are investigating more than a dozen large German breweries suspected of illegally fixing prices on popular beers such as Jever, Becks, Warsteiner and Erdinger, it emerged over the weekend.
    German breweries could face hundreds of millions in fines if found guilty of illegal price-fixing, in what is said to be the biggest-ever cartel investigation of the industry, wrote Focus magazine on Friday.

    A probe by the Federal Cartel Office into the German beer giants, which together account for half of the German beer industry market share, is already in its final stages, a spokesman said on Friday.

    Among those under investigation by are Warsteiner, Krombacher, Carlsberg, Erdinger, Bitburger, Becks manufacturer AB-Inbev, and Oetker, which makes Radeberger and Jever.

    A spokesman for Warsteiner confirmed authorities were looking into “whether or not our company was possibly engaged in horizontal price fixing agreements,” but said the brewery had not been told any initial results of the inquiry.

    Bitburger also said it was being investigated under "suspicion of a contravention of competition law," while Radeberger, Carlsberg, AB-Inbev und Erdinger refused to comment on the inquiry.

    The inquiry, which should be completed by the summer, is the latest in a series of high-profile price-fixing scandals uncovered by Germany's anti-cartel authority in recent years.

    DAPD/The Local/jlb

  2. #2
    Join Date
    Aug 2004
    Posts
    718
    One shouldn't drink any of those anyways.
    \,,/ DIE WITH A BEER IN YOUR HAND \,,/

  3. #3
    Join Date
    May 2006
    Posts
    3,695
    There's plenty of wundervoll local breweries in Gerrmany that should be patronized instead.
    On deck: a clone of Carolina Beer Co's Rye Stout, clone of Breckenridge's Vanilla Porter,
    Primary: Schwarzbier
    Secondary: Dortmunder, Hopweizen
    Keg Conditioning: Dunkelweizen, Roggenbier, Okto, Ord. Bitter
    On tap: Alt, Hefeweizen, Cigar City Maduro clone, Mild
    Bottled: Mead, Quad Rajet, Granola Bar Braggot

    Too much of everything is just enough.
    - J. Garcia

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