Two confectionery giants have won access to Hershey and Cadbury’s leniency filings in a criminal case in Canada that accuses them of colluding to fix chocolate prices.
Nestlé will fight to revoke a €20m fine imposed by the German cartel office for illegal exchange of competition-relevant information with other food majors including Kraft and Unilever.
As the competition authorities are stepping up scrutiny of the food sector, all companies should ensure they have compliance structures in place and do not view national activities in isolation, say lawyers at CMS Cameron McKenna
Streamlining of its packaging purchasing is one of the ways that confectionery giant Cadbury hopes to tighten margins in its strategy to stave off a take over from Kraft.
An alleged price-fixing case in the US against chocolate giants that include Hershey, Mars, Cadbury and Nestle will be put on hold after a federal judge allows the manufacturers to appeal his decision not to dismiss over 80 anti-trust suits.
The Federal Cartel Office in Germany has raided the offices of
several confectionery giants over allegations of fixing the price
of chocolate, according to news reports.
