“US candy maker Hershey on Friday pleaded guilty to participating in a chocolate price-fixing scheme and paid a CAN$4 million (US$4.2 million) fine. The company entered the plea at the Ontario Superior Court and, according to the Competition Bureau of Canada, received lenient treatment in exchange for its cooperation in an antitrust investigation. Earlier this month, Canadian authorities also charged Nestle, Mars and a network of independent wholesale distributors in the case after a whistle-blower tipped authorities to the scheme. The alleged price-fixing involved popular brands such as Kit Kat, Coffee Crisp, Aero, Twix, Snickers, Bounty and M&Ms.”
http://www.rawstory.com/rs/2013/06/21/candy-maker-hershey-pays-4-million-for-price-fixing/
Related posts:
The rich are saving cash at a record pace
Why Did Chinese ATMs Stop Working Last Week?
Greeks clash with riot police as politicans pass austerity measures
Andrea Castillo Discusses Bitcoin on News Channel 8
The Spoils of the Iraq War - 2003
Federal Reserve Monetary Policy To Target Wealth Inequality?
Pensacola moves to eliminate homeless 'blanket ban'
Kerry: Arab countries offered to pay for Syria invasion
Judge throws out Abu Ghraib detainees’ torture case citing jurisdiction
Obama Co-Sponsored 2004 Bill Strengthening Self-Defense in Illinois
DNA database not so anonymous on the Internet: study
U.S. offers help to Nigeria to fight terror group
Bitcoin Startup 21 Unveils Plan For Embeddable Mining Chips
Don't just legalize marijuana, free prior offenders
W.H.O. lists bacon alongside cigarettes, asbestos as carcinogens