Regulators have launched an investigation into allegations that the Canadian divisions of Nestle, Cadbury, Hershey and others have teamed up in a price-fixing scheme in the multibillion-dollar Canadian business of chocolate bars, company officials confirmed Wednesday. Canada's Competition Bureau served search warrants on several major bar makers this week, requiring them to turn over reams of documents on their pricing arrangements.
November 28, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Regulators have launched an investigation into allegations that the Canadian divisions of Nestle, Cadbury, Hershey and others have teamed up in a price-fixing scheme in the multibillion-dollar Canadian business of chocolate bars, company officials confirmed Wednesday.
Canada’s Competition Bureau went to the offices of Nestle in Canada, but spokesman Francois-Xavier Perroud said he could not release any other details.
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