German Competition Authority Imposes EUR 2.4 Million Fine on Haribo for Illegal Information Exchange

German Competition Authority Imposes EUR 2.4 Million Fine on Haribo for Illegal Information Exchange


By: Alasdair Balfour, Barry A. Nigro, Tobias Caspary

On August 1, 2012, the German Federal Cartel Office (FCO) fined confectionary manufacturer Haribo EUR 2.4 Million (approximately US$ 3 Million) for illegally sharing competitively sensitive information with a competitor.  The fine is significant insofar as it was imposed for a "stand-alone" information exchange violation.

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