AGCM Initiates Investigation into Manufacturers of Glass Wine Bottles

14 Nov, 2023

AGCM Initiates Investigation into Manufacturers of Glass Wine Bottles

The Autorità Garante della Concorrenza e del Mercato (AGCM), Italy's competition watchdog, has launched an extensive inquiry into possible anticompetitive practices within the Italian glass manufacturing sector.

The focus of the probe includes major industry players, such as the distinguished Italian bottle manufacturers Zignago Vetro and Bormioli Luigi, alongside the local subsidiaries of international industry giants like Verallia (France), Vetropak (Austria), Berlin Packaging (UK), and O-I Europe (Switzerland), according to a report from the Financial Times.

These companies collectively wield substantial influence within Italy's wine bottle production sector. Triggered by suspicions of anticompetitive behavior, the investigation aims to delve into the intricacies of glass wine bottle production and commercialization, with alleged activities stretching back to the year 2022. AGCM's preliminary findings suggest the potential existence of an anti-competitive agreement among these manufacturers, hinting at possible coordination in establishing prices for glass wine bottles within the country.

The significance of this inquiry is underscored by the implication that such practices not only breach domestic regulations but also run afoul of European Union (EU) competition rules. AGCM's thorough examination of these allegations reflects its unwavering commitment to maintaining fair competition standards within Italy's glass manufacturing industry.

As the investigation unfolds, AGCM is committed to ensuring transparency, regulatory adherence, and fair competition practices among the major players in Italy's wine bottle production landscape. The anticipated outcome of this inquiry is poised to have repercussions not only for the companies directly involved but also for the broader regulatory framework governing the industry in Italy. AGCM's steadfast commitment emphasizes its pivotal role in safeguarding fair market practices and preserving the integrity of the glass manufacturing sector within the country, instilling confidence in the industry's competitiveness and adherence to regulatory standards.