Violation Tracker Global

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Violation Tracker Global: Individual Record

Company: British American Tobacco Belgium NV
Current Parent Company: British American Tobacco
Parent at the Time of the Penalty Announcement: British American Tobacco
Jurisdiction: Belgium
Region: Europe
Penalty Currency: Euro
Penalty Amount in Original Currency: 5,700,000
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $6,188,490
Year: 2022
Date: April 13, 2022
Agency: Belgian Competition Authority
Offense Group: competition-related offenses
Offense Category: anti-competitive practices
Description: The Competition College of the Belgian Competition Authority imposed on 13 April 2022 a fine of 5.7 million euros on British American Tobacco Belgium NV, of 7 million euros on Etablissements L. Lacroix Fils NV, of 7.2 million euros on JT International Company Netherlands BV and of 16 million euros on Philip Morris Benelux BVBA. The College ruled that these companies had been receiving confidential commercially sensitive information from their customers between 2011 and 2015 without objecting. This allowed them to limit the risks of normal competition. The College ruled that this was a concerted practice within the meaning of Articles IV.1 of the Code of Economic Law (CEL) and 101 of the Treaty on the Functioning of the European Union (TFEU).
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: tobacco
Specific Industry of Current Parent: tobacco
Source of Data: (click here)
VTG Record ID: VTG24-68071