EU Commission issues Oreo maker Mondelez hefty fine for blocking cross-border sale

  • 📰 wsyx6
  • ⏱ Reading Time:
  • 18 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 53%

Mondelez News

EU Commission,Fine,Cross-Border Sales

The European Commission has imposed a hefty fine on food company Mondelez, the owner of Oreo cookies and other snack brands.

by Associated PressBRUSSELS — Mondelez owns the Cadbury and Toblerone chocolate brands as well as Oreo and Chips Ahoy cookies, Triscuit crackers and Perfect Snacks nutrition bars.

Such illegal practices allowed Mondelez to continue charging more for its own products, to the ultimate detriment of consumers in the EU,” it said. European Commissioner for Competition, Margrethe Vestager, said the case was about the price of groceries, which is a particularly important concern for Europeans at a time of high inflation.

Source: News Formal (newsformal.com)

EU Commission Fine Cross-Border Sales Chocolate Cookies Antitrust European Single Market

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 444. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EU Commission fines Oreo maker Mondelez 337.5 million euros for blocking cross-border salesThe 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.
Source: AP - 🏆 728. / 51 Read more »

Oreo maker Mondelez hit with $366 million antitrust fine by EUThe European Union fined Mondelez, the U.S. confectioner behind major brands including Oreo, 337.5 million euros ($366 million) for restricting sales of products within the 27-country bloc.
Source: CBSHealth - 🏆 480. / 51 Read more »

No-Bake Oreo Cheesecake RecipeThis is additional taxonomy that helps us with analytics
Source: TODAYshow - 🏆 389. / 55 Read more »

Oreo's Special Edition Star Wars Cookies Are Here to Feed Your Inner WookieeOrder them starting May 30 before they go on sale at retailers nationwide June 10.
Source: Gizmodo - 🏆 556. / 51 Read more »

Star Wars Teams Up With OREO for Light Side vs. Dark Side CampaignStar Wars OREO Cookie Packs will officially launch on May 30th.
Source: ComicBook - 🏆 65. / 68 Read more »

Star Wars: Josh Gad Celebrates May the 4th by Revealing Secret OREO Fan TheoryThe actor jokes about hidden OREO cookies that can be found in the Star Wars saga.
Source: ComicBook - 🏆 65. / 68 Read more »