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EU hits Oreo maker Mondelez with 337.5 mn euro antitrust fine

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The EU dishes out a 337.5 million euro ($366 million) fine to Mondelez, the US confectioner formerly known as Kraft behind major brands including Toblerone and Oreo, for restricting sales of products within the 27-country bloc. The giant "illegally restricted retailers from sourcing these products from member states where prices are lower" explains European Commission VP Margrethe Vestage, "and this allowed Mondelez to maintain higher prices." SOUNDBITE

Added on the 23/05/2024 12:57:23 - Copyright : AFPTV - First images

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