Super Bock’s EUR24 million fine upheld by Portuguese court
( September 22, 2023, 09:38 GMT | Official Statement) -- MLex Summary: The Portuguese competition authority has said that the Lisbon Court of Appeals recently upheld a fine it imposed on Super Bock for breaching antitrust rules. On Sept. 12, the brewing company and two officials saw the rejection of their appeals against the decision of the Competition, Regulation and Supervision Court, which also had upheld the sanction. In 2019, the competition authority fined Super Bock — as well as a manager and a director — 24 million euros for fixing minimum resale prices and other commercial conditions.Statement follows. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.