Comment on Chicago-based Mondelez fined $366 million for blocking cross-border sales in Europe

Chicago-based Mondelez fined $366 million for blocking cross-border sales in Europe

BRUSSELS (AP) — The 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, the bloc’s executive arm said on Thursday. Mondelez owns the Cadbury and Toblerone chocolate brands as well as Oreo and Chips Ahoy cookies, Triscuit crackers and Perfect Snacks nutrition bars. The Commission said Mondelez tried to avoid that cross-border trade because that could lead to lower prices.

 

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