Athenian Brewery

OpenCalais Metadata: Ticker

OpenCalais Metadata: LegalName

ATHENIAN BREWERY SA

Greek court hands Heineken record fine for market abuse

A Greek court has imposed a €26.7m fine on Heineken subsidiary Athenian Brewery for abusing its dominant position in the Greek beer market over more than two decades.

In 2004, the Hellenic Competition Commission (HCC) opened an ex-officio investigation into the alleged market abuses of Heineken’s local subsidiary.