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Nestle, Mars accused of chocolate price-fixing
07 Jun 2013, 12:43 PM IST
Canadian authorities have charged Nestle, Mars and a network of independent wholesale distributors over an alleged criminal conspiracy to fix the prices of leading chocolate brands.
Competition Commissioner John Pecman called their alleged actions "egregious anti-competitive behavior that harms Canadian consumers" and "a serious criminal offense".
A whistleblower triggered an investigation that uncovered "evidence suggesting that the accused conspired, agreed or arranged to fix prices of chocolate products," the Competition Bureau said in a statement.
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