Haribo fined $2.9 million by competition watchdog

Published August 1, 2012 2:59pm ET



BERLIN (AP) — Germany’s competition watchdog says it has imposed a €2.4 million ($2.9 million) fine on confectionary company Haribo for improperly sharing information on sales negotiations with three rivals.

Haribo GmbH, best known for its gummi bear confections, said Wednesday it fully cooperated with the competition authority and accepts the fine.

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