Haribo has been handed a multimillion-euro fine by German regulators for anti-competitive behaviour.

The confectionery group was fined €2.4m for exchanging commercially sensitive information with a number of rival manufacturers.

Those taking part in the informal talks included the German subsidiary of Mars, which turned whistleblower in 2008 and escaped a fine.

“Certain types of information exchange between competitors are inadmissible under competition law,” said Andreas Mundt, president of the German competition authority.

“Competition is impaired by such practices, even if they are not classical hard-core agreements about prices, supply areas, customers or quotas.”