EU Commission fines Oreo maker Mondelez 337.5 million euros for blocking cross-border sales
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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.
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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.
The EU on Thursday slapped a 337.5 million euro ($366 million) fine on Mondelez, the US confectioner behind major brands including Toblerone and Oreo, for
The 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.
By Olesya Dmitracova, CNN London (CNN) — Mondelez, the maker of Oreo and Cadbury Dairy Milk chocolate, has been fined €337.5 million ($366 million) for hindering the trade of chocolate, cookies and coffee between European Union countries in order to keep prices high.
Brussels says Mondelez was wrong to make consumers pay more for chocolate, biscuits, and coffee. It claims the firm stopped traders from selling its products across EU borders, despite the bloc's single market.
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EU Commission fines Oreo maker Mondelez 337.5 million euros for blocking cross-border sales | Since Then