German court annuls €62 million fine on Carlsberg

Janith Aranze

08 April 2019

German court annuls €62 million fine on Carlsberg

Credit: istock/lucentis

In a rare annulment decision, a German appeal court has overturned a €62 million fine on Carlsberg for participating in a national beer cartel, finding the brewer was not part of a price-fixing agreement and that the prosecution was time-barred.