Canada Charges Nestle, Mars With Price-Fixing

Law360, New York (June 6, 2013, 6:55 PM EDT) -- Canadian prosecutors have charged Nestle Canada Inc., Mars Canada Inc., a network of independent food distributors and three executives with conspiring to fix the price of chocolate candy, the country's antitrust watchdog said Thursday

Six years after reports of the Competition Bureau's investigation became public, the agency announced criminal price-fixing charges against local units of two of the world's biggest confectioners.

In addition to Mars and Nestle, the government also charged ITWAL Ltd., a network of independent wholesale food distributors, and its president and CEO David...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.