Dutch brewing group Heineken faces heavy fine
Published
The Dutch brewing group Heineken is currently under great pressure. The company is facing a compensation payment of 111 million euros. The background to this is the business conduct of the group's Greek subsidiary.
The allegations relate to unfair business practices in the Greek beer market. According to reports, the subsidiary is said to have abused its dominant market position to disadvantage competitors. This approach has now resulted in legal consequences.
For the international group, which also plays a significant role in the beer market in Austria, this news is a severe setback. The requested sum of 111 million euros is one of the highest fines imposed in this sector.
Although the incident primarily concerns the Greek subsidiary, experts are closely monitoring the effects on the European market. Heineken has not yet commented in detail on further legal steps. It remains to be seen how the company will react to the verdict and whether the fine will remain at this level.
Sources: newbusiness.at
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