Draconian punishment for Rewe: Economic earthquake for Austria's economy!

Draconian punishment for Rewe: Economic earthquake for Austria's economy!

The excitement for the record -breaking antitrust penalty of 70 million euros against REWE International AG, which was imposed by an Austrian court, hardly shows any signs of abandonment. This punishment not only arouses a lack of understanding among many business representatives, but also causes concerns about legal certainty in the Austria business location. According to the Krone , the German Chamber of Commerce in Austria warns of dramatic consequences that could affect the location. General Managing Director Thomas Gindele describes the judgment as "completely exaggerated" and emphasizes that this punishment could affect future investments in Austria. With this decision, the OGH has not only proven a "fighting service" not only the REWE, but also the entire economy in Austria.

Draconian punishment and corporate reaction

The story begins with a stalling procedure in 2018 when the former Merkur Warenhandels AG took over sales areas without initially registering. At the end of 2023, the Supreme Court ruled that this should be assessed as a notification subject to notify. Despite a first fine of 1.5 million euros, the court decided to increase the sum to 70 million euros, which Rewe International AG criticizes as disproportionately. In a statement, the company emphasizes that the allegation is a mere formal violation that has not followed any economic advantages for the REWE, such as the