Mondelez Faces Hefty Fine for Antitrust Violation in EU

Thursday, 23 May 2024, 11:14

Mondelez, the parent company of popular brands like Oreo, has been fined a staggering $366 million by the European Union for limiting the sales of its products within the EU. This antitrust penalty marks a significant setback for Mondelez and raises concerns about its market practices.

https://store.livarava.com/5c7bb3a7-18f6-11ef-a3d8-9d5fa15a64d8.jpg — Mondelez Faces Hefty Fine for Antitrust Violation in EU

Mondelez Antitrust Fine by EU

The European Union has imposed a massive fine of 337.5 million euros ($366 million) on Mondelez, the maker of Oreo cookies, for obstructing product sales within the EU market. The violation relates to restrictive practices that have impacted competition and consumer choice.

Key Points:

Fine Amount: $366 million
Company: Mondelez International
Brands: Oreo and others
Violation Type: Antitrust

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.