The Italian Competition Authority (AGCM) has closed an anti-competition investigation into several glassmakers.
The organisation found no evidence of price collusion among several glassmakers after it launched an investigation in 2023 regarding price increases in 2022 in the wine bottle sector.
It said the price increases observed in 2022 reflected an extraordinary cost environment in regards to energy and raw materials and strong demand, and was not coordinated behaviour among market players.