Lidl, Edeka, Metro, Netto and other retailers in Germany fined EUR 90.5 million for resale price maintenance
The German Competition Authority has passed decisions in new cases in their enquiry into the food retail sector. The retailers has been fined for vertical price agreements with suppliers of beer, confectionery products and coffee. The product brands include Beck’s, Franziskaner, Hasseröder, Haribo and Melitta.
The decisions are part of a larger investigation, where many well-known retailers have been sanctioned for vertical price maintenance on shop prices of a wide variety of products.
The German Competition Authorities started the investigation with dawn raids back in January 2010.Read more →