Mars and Nestlé charged with price fixing
The BBC has reported that authorities in Canada have charged Nestlé, Mars, Hershey and ITWAL, a network of independent wholesale distributors, with price fixing.
The Canadian Competition Bureau said it had uncovered "evidence" suggesting price-fixing in the chocolate market.
Confectionery company Hershey co-operated with its investigation and is expected to plead guilty at a hearing later this month in exchange for leniency.
"Price-fixing is a serious criminal offence and today's charges demonstrate the Competition Bureau's resolve to stop cartel activity in Canada," John Pecman, Interim Commissioner of Competition, told the BBC.
Three individuals have also been charged as part of the investigation.
The former Nestlé Canada president Robert Leonidas; Sandra Martinez, former president of confectionery for Nestlé Canada; and David Glenn Stevens, president and chief executive of ITWAL, have all been individually charged along side the companies.
Mars, Nestlé and ITWAL vowed to fight the charges but Hershey said it would plead guilty to one count of price fixing, dating from 2007, blaming previous management.
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