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EU investigation against Mondelez for anti-competitive practices

2021-01-28T11:43:44.126Z


The American giant, owner of the Lu, Oreo and Milka brands, is suspected of having restricted competition in several national markets for chocolate, cookies and coffee.


The European Commission announced Thursday the opening of an investigation against the American agri-food giant Mondelez, owner of the Lu, Oreo, Milka or Toblerone brands, suspected of having restricted competition in several national chocolate markets, cookies and coffee.

Read also: Mondelez takes advantage of the Covid-19 crisis to clean up its cookies, chocolates and chewing gum

"

We are opening a formal investigation to establish whether Mondelez, a leading producer of these commodities, has been able to restrict free competition in the markets concerned by implementing various practices that hamper trade flows, ultimately leading to a price increase. for consumers

”, explained the European Commissioner for Competition, Margrethe Vestager, quoted in a press release.

Source: lefigaro

All business articles on 2021-01-28

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