Heineken ordered to pay 111m euros to rival
Heineken must pay 111 million euros in damages and interest to Greek rival Macedonian Thrace Brewery following a Dutch court ruling. Heineken disagrees with the decision and plans to appeal the antitrust case regarding past Greek market conduct.
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HEINEKEN NV was ordered by a court in the Netherlands on Wednesday afternoon to pay €111 million ($125 million) in damages and interest to Macedonian Thrace Brewery. The ruling resolves a long-running antitrust dispute originating in the Greece beer market. The penalty follows a previous €31.5 million fine issued by Greek regulators in 2015 for market dominance abuses.
