The country’s cartel authority yesterday fined 21 companies a total of €338m (£250) for colluding to fix the prices of it famous bangers in a scandal going back decades.
Among the accused is Germany’s biggest sausage producer, the Zur-Mühlen-Gruppe, which denies the accusations. Andreas Mundt, head of the cartel authority, said: “These price-fixing agreements were practised over many years.” “The overall amount of fines seems high at first glance but has to be seen in perspective in view of the large number of companies involved, the duration of the cartel, and the billions in turnover achieved in this market.” This scandal follows another focused on that other quintessential German product, beer, earlier this year. Five breweries were fined a total of more than €100m for colluding to raise the price of beer before it arrived on supermarket shelves and in bars. One has to wonder whether a sauerkraut cartel is next on the authority’s hit-list. Image source
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.