BRUSSELS (AP) — The European Commission has imposed a fine of 337.5 million euros ($366 million) on food company Mondelez, the owner of Oreo cookies and other snack brands, for obstructing sales of its products between EU member states, the bloc’s executive arm said on Thursday. Mondelez owns the Cadbury and Toblerone chocolate brands as well as Oreo and Chips Ahoy cookies, Triscuit crackers and Perfect Snacks nutrition bars. The Commission said Mondelez tried to avoid that cross-border trade because that could lead to lower prices.
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Associated Press, Chicago Tribune: Business
Thu, 05/23/2024 - 8:52am
Topics: brussels ap the european commission cadbury toblerone chips ahoy triscuit perfect snacks the commission such the chicago-based european commissioner competition margrethe vestager it eu s mondelez european commission eu oreo mondelez eu eu million cross-border sales company chocolate practices products bloc concerted cookies brands consumers agreements trade executive anticompetitive customers prices coffee
BING NEWS:
- Mondelez fined $365.7 million euros by EU for cross-border trade curbs
Oreo maker Mondelez International was fined 337.5 million euros ($365.72 million) by EU antitrust regulators on Thursday for impeding cross-border trade of chocolate, biscuits and coffee products ...
05/22/2024 - 10:09 pm | View Link - EU Commission fines Oreo maker Mondelez 337.5 million euros for blocking cross-border sales
BRUSSELSBRUSSELS — The European Commission has imposed a fine of 337.5 million euros ($366 million) on food company Mondelez, the owner of Oreo cookies and other snack brands, for obstructing sales of ...
05/22/2024 - 8:14 pm | View Link - More
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