German sausage makers fined $460 million for fixing prices
Twenty-one German sausage manufacturers are in quite a bind after receiving a total of 338 million Euros — approximately $460 million — in fines from Germany's antitrust authority for "colluding on prices," reports the Associated Press.
The Federal Cartel office also said that the fines include penalties for 33 individuals. According to the cartel office, major sausage makers, including Herta, a subsidiary of Nestle, "started colluding in 2003 to push through higher prices, agreeing on price ranges for various products." The cartel office received a tip from an anonymous informant.
So far, 11 of the companies fined have admitted to the crime and are cooperating.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Meghan DeMaria is a staff writer at TheWeek.com. She has previously worked for USA Today and Marie Claire.
-
West Africa’s ‘coup cascade’The Explainer Guinea-Bissau takeover is the latest in the Sahel region, which has quietly become global epicentre of terrorism
-
Daddy Pig: an unlikely flashpoint in the gender warsTalking Point David Gandy calls out Peppa Pig’s dad as an example of how TV portrays men as ‘useless’ fools
-
Codeword: December 3, 2025The daily codeword puzzle from The Week
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
-
Los Angeles city workers stage 1-day walkout over labor conditionsSpeed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billionSpeed Read
-
Bangladesh dealing with worst dengue fever outbreak on recordSpeed Read
-
Glacial outburst flooding in Juneau destroys homesSpeed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creatureSpeed Read
