Mondelēz Fined €337.5m for Anti-Competitive Practices in the EU
Thursday, 23 May 2024, 11:00
Mondelēz Fined €337.5m for Anti-Competitive Practices
Food group Mondelēz, the owner of popular brands such as Toblerone and Oreo, has been fined a substantial amount of €337.5m for engaging in anti-competitive practices in the EU.
Illegal Prevention of Retailers
Mondelēz was found guilty of illegally preventing retailers from sourcing products from EU states where prices were lower, impacting competition in the market.
The owner of Mondelēz, a major player in the confectionery and beverage industry, operates several renowned brands like Ritz biscuits, Cadbury chocolates, and various coffee brands.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.