Computer Hope

Other => Other => Off topic => Topic started by: Raptor on April 18, 2007, 07:11:34 AM

Title: Dutch brewers fined over cartel
Post by: Raptor on April 18, 2007, 07:11:34 AM
Quote
Dutch brewers including Heineken and Grolsch have been fined a total of 273.7m euros (£185m) by European regulators for price fixing.

The European Commission has penalised Heineken, Grolsch and Bavaria for stifling competition by sharing pricing policy and levels.

The move follows a lengthy inquiry by Brussels into sales of beer to Dutch bars and restaurants in the late 1990s.

Heineken received the biggest sanction and will have to pay 219m euros.

Its fine is the seventh-largest competition penalty ever handed out by the EU and reflects the fact that Heineken accounts for more than half of beer sales in the country....

Read more at BBC.co.uk (http://news.bbc.co.uk/2/hi/business/6566827.stm)

And there those idiots were with their 'Grolsch our beer' advertisements.. Where 'our' would be the Dutch population.. The irony.

Much of what is done and said under the guise of a 'free-market' are nothing but lies as has once again been proven..