Italy’s Antitrust authority, the AGCM, has launched an investigation into major wine bottle producers, both local and international, following complaints from Italian winemakers about a suspected cartel influencing the pricing of glass wine bottles.
The companies under scrutiny include Italian subsidiaries of prominent global players such as France’s Verallia, the third-largest producer of glass for food and beverage packaging; US-based Berlin Packaging and O-I European Packaging; Austria’s Vetropak, and Italian manufacturers Zignago Vetro and Bormioli Luigi. Together, these companies dominate the production of wine bottles in Italy, per Financial Times.
The AGCM’s statement suggests that initial evidence indicates the “existence of a possible anti-competition agreement . . . to set the price of glass wine bottles in a coordinated manner,” a violation of European Union rules. The investigation was triggered by complaints filed earlier this year by Filiera Italia, a foundation dedicated to safeguarding “Made in Italy” food and wine; Bottega, a producer of Prosecco, grappa, liquors, and other alcoholic beverages; and an anonymous whistleblower.
The complainants pointed to a potential cartel among bottle makers, alleging that prices surged in Italy following Russia’s invasion of Ukraine. The anonymous whistleblower noted that various bottle producers sent emails and letters to customers in Italy using remarkably similar wording to justify nearly identical price increases in March and again in September last year. The justifications cited by the producers reportedly referred to exponential increases in the costs of energy and raw materials.
The companies implicated in the investigation collectively manufacture a significant majority of the wine bottles used in Italy, raising concerns about the potential impact on the local wine industry. The AGCM’s pursuit of the antitrust investigation reflects a commitment to ensuring fair competition and protecting consumers from the adverse effects of anti-competitive practices.
Italy Wine Bottle Price-Fixing Cartel
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI