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Nestlé, Mars Charged In Chocolate Price-Fixing Scheme In Canada

June 6, 2013: 12:00 AM EST
Canada’s Competition Bureau, an independent law enforcement agency, has filed criminal price-fixing charges against chocolate producers and distributors Nestlé Canada Inc., Mars Canada Inc., and ITWAL Limited, a national network of independent wholesale distributors. The Bureau said it uncovered evidence that the companies conspired, agreed or arranged to fix prices for chocolate products. Three executives of the companies were also charged with criminal activity. Hershey Canada was targeted in the investigation, but cooperated with the Bureau. It will plead guilty later this month in exchange for leniency.
"Charges Laid in a Price-fixing Cartel in the Chocolate Industry", Competition Bureau, June 06, 2013, © Canada.gc.ca
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