Invasion Of Europe's Cartel Cops
The European Commission antitrust SWAT teams arrived without warning at dawn. In a coordinated Mar. 22 raid in Italy and the Netherlands, they sealed off exits at offices of some of Europe's leading brewers, including Heineken, Carlsberg, Peroni, and Interbrew, flashed subpoenas, and demanded entry. After two days of rummaging through desks and computers, they carted off thousands of documents. Why? An investigation into charges of price-fixing and market division. "We're looking for evidence of cozy meetings where the CEOs carve up markets and agree not to hurt each other," says EC competition official Michael Tscherny.
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