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European brewers fined over cartel

April 18 2007

The claims were brought against companies Heineken, Bavaria, InBev and Royal Grolsch in September 2005. The European Commission argues that all four companies artificially inflated prices, as well as to coordinate their market shares and conditions of supply of beer in bars and restaurants.

Now, they face fines of up to 10% of annual revenue. Tells Interfax.

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