Mondelez Faces €337.5 Million Fine for Rigging European Markets
Mondelez, the renowned maker of Oreo cookies and Cadbury Dairy Milk chocolate, has been slapped with a hefty fine of €337.5 million ($366 million) by the European Union for engaging in anti-competitive practices aimed at inflating prices of chocolate, cookies, and coffee across EU member states. Margrethe Vestager, the EU’s competition chief, denounced Mondelez’s actions,…