The Romanian Competition Council has fined Wrigley Romania and 26
connected companies €5.5 million for introducing minimum prices on
its products, which was seen to be a measure that is in violation
of EU law.
Food giant Kraft, which saw earnings drop 13.5 percent in third
quarter earnings yesterday, moved a step closer to being spun off
from parent Altria after a $280 billion government lawsuit against
the tobacco industry fell through.
On the back of growing consumer interest in healthy eating, leading
US food maker Kraft Foods is focusing on its increasingly
successful health and wellness segment, announcing plans to further
limit products advertised to children...