Luxembourg's national competition authority has levied fines exceeding €3 million in response to price-fixing in the coffee distribution sector.
The authority's investigation revealed that a coffee importer from northern Luxembourg had been colluding with various coffee distributors over a five-year period, from 2015 to 2020. This collusion led to fixed prices, a practice that undermines fair competition and can lead to higher costs for consumers.
The hefty €3 million fine is a clear signal of the competition authority's commitment to maintaining a fair and competitive marketplace. It serves as a stark reminder to all industry players of the potential financial repercussions of engaging in anti-competitive practices.
As of now, the decision is not final, and an appeal against the fine is still possible.
