Macedonian Thrace Brewery: European Court of Justice Rules That Heineken N.V Must Answer for the Market Abuses of Its Greek Subsidiary [Yahoo! Finance]

HEINEKEN N V S/ADR (HEINY)
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Source: Yahoo! Finance
Fri, February 14, 2025 at 11:46 AM GMT+1 3 min read ECJ ruling confirms the Dutch court can deal with the claims brought by MTB against both Athenian Brewery and its parent company Heineken In 2015, Heineken's Greek subsidiary was fined €31.5 million by Greece's competition regulator after unlawfully pressuring wholesalers and distributors into favouring its brands MTB's follow-on claim, initially filed in 2017, has now overcome all procedural attempts by Heineken to dodge liability for the actions of Athenian Brewery, its Greek subsidiary The Dutch court will now decide on the extent of damages Heineken N.V. is liable for, with MTB seeking €180 million+ LUXEMBOURG, February 14, 2025 BUSINESS WIRE )--The European Court of Justice (ECJ) this
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