Daily Archives: May 13, 2019

EU Competition Commission fines AB InBev €200m for impeding cross-border trade

The European Competition Commission has levied a fine of €200 million on Anheuser-Busch InBev in its Belgian home market for abusing its dominant market position to keep price of its popular Jupiler beer brand high.

Margrethe Vestager, EU competition commissioner, said: “Consumers in Belgium have been paying more for their favourite beer because of AB InBev’s deliberate strategy to restrict cross-border sales between the Netherlands and Belgium.

Nigerian Breweries Toasts Trade Partners at Annual Distributors Award

Nigerian Breweries Plc celebrated its trade partners on Friday as the firm held its 2019 Distributors Award, thanking them for their great performance in 2018.

The company said the gesture was in recognition of the importance of trade partners to its continued growth.

The year’s celebration which was held at the prestigious Transcorp Hilton Hotel in Abuja on Friday, was a platform for Nigerian Breweries Plc to reward outstanding distributors, announce new incentives for its trade partners, as well as receive feedback on its brands and innovations from its trade partners.