INTERNATIONAL REGULATOR ROUND UP – MONDELĒZ INTERNATIONAL FINED OVER ANTI-COMPETITIVE BEHAVIOUR
June 3rd, 2024
The European Commission has fined confectionery major Mondelēz International EUR337.5 million, claiming the company has breached European Union (EU) competition rules, hindering intra-EU cross-border trades in chocolate, biscuits and coffee products. The EU executive also concluded that Mondelēz had abused its dominant position in certain EU chocolate bar (tablet) markets. It had, for example, said the Commission, wrongly limited territories or customers to which seven wholesale brokers could resell Mondelēz' products. It also ordered a Mondelēz' customer to ...
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