Difference between revisions of "Heineken"

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Revision as of 10:53, 1 October 2012

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Corporate Crimes

Price-fixing' In April 2007 InBev were, along with Grolsch, Heineken and Bavaria, were found to be part of a price fixing cartel in Holand. All of the companies involved were fined £150 million by the European Commission, with the exception of InBev. At the time InBev was trading as Interbrew and managed to avoid the fine because the Commission felt that the firm had cooperated with the investigation, therefore, under the Commission's leniency programme such cooperation can lead to a reduced penalty or as in this case none at all. In 2001 InBev and Danone (then owners of Kronenbourg) were fined for operating another cartel in Belgium. [1].

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  1. David Gow, The Guardian, April 18th 2007 Heineken and Grolsch Fined for Price-Fixing Last accessed December 17th 2007