Tobacco producers are fined heavily millions in the Netherlands

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The four companies, including British American Tobacco and Philip Morris Netherlands, exchanged information from July 2008 to July 2011 about the future prices of cigarette packs. This was done by requesting each other’s prices through wholesalers in advance, a practice that is prohibited by the Dutch regulator.

The convicted tobacco companies make many different brands of cigarettes, such as Marlboro, Lucky Strike, Gauloises and Camel. British American Tobacco is fined more than 31 million euros, Philip Morris Netherlands a fine of approximately 27.5 million euros. JT International Company Netherlands and Van Nelle Tabak Netherlands are also fined.





Source link by https://www.vrt.be/vrtnws/nl/2020/09/29/tabaksproducenten-krijgen-zware-miljoenenboete-in-nederland/

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