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Rewe’s Austrian fine for Merkur unit’s gun-jumping is disproportionate, trade chamber says

( February 12, 2025, 14:31 GMT | Official Statement) -- MLex Summary: The German chamber of commerce in Austria has branded “completely inappropriate and disproportionate” a fine levied by the Austrian Supreme Court on retail chain Rewe, for the actions of its Merkur Warenhandels unit. The fine, worth 70 million euros, was imposed for Merkur’s illegal merger implemented through the takeover of sales areas at a shopping center. Thomas Gindele, the chamber’s managing director, said the fine would deter companies from investing in Austria.Statement follows (in German)....

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