EU fines AB Inbev for restricting cross-border beer sales

Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BRUSSELS (AP) — European Union anti-trust regulators are fining AB Inbev, the world's biggest brewer, more than 200 million euros ($225 million) for abusing its dominant position in the Belgian beer market.

The EU's executive commission said Monday that the Belgium-based brewer is selling its popular Jupiler brand at lower prices to supermarkets and wholesalers in the neighboring Netherlands.

The commission, which polices anti-trust issues, says AB Inbev is trying to keep prices high in Belgium by stopping those Dutch outlets from exporting Jupiler back across the border more cheaply.

EU Competition Commissioner Margrethe Vestager says "attempts by dominant companies to carve up (Europe's) single market to maintain high prices are illegal."

She says Belgian consumers have been paying more for Jupiler "because of AB Inbev's deliberate strategy to restrict cross border sales."

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press


    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the Trending 5.
    By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

    KSL Weather Forecast