No Result
View All Result
  • Login
Monday, August 3, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

EU Commission raids “chocolate confectionery” company in suspected anti-trust breach

by theadvisertimes.com
4 months ago
in Business
Reading Time: 2 mins read
A A
0
EU Commission raids “chocolate confectionery” company in suspected anti-trust breach
Share on FacebookShare on TwitterShare on LInkedIn


The European Commission has carried out “anti-trust” inspections at factories of an unidentified chocolate company in two EU member states.

In a statement dated 13 April, the Commission said the visits to the “company active in the chocolate confectionery sector” were unannounced.

“The Commission has concerns that the inspected company may have violated EU anti-trust rules that prohibit cartels and restrictive business practices, as well as abuses of a dominant market position,” the EU’s executive branch explained.

Article 101 and Article 102 of the ‘Treaty on the Functioning of the European Union’ were cited as the rules governing the potential infringements.

The Commission added it was “investigating possible market segmentation in the form of restrictions on the trade of goods between member states in the single market and obstacles to multi-country purchases”.

However, outlining the procedures for such investigations, the Commission emphasised there was no conclusion of guilt with respect to the unidentified company at this stage.

“Unannounced inspections are a preliminary investigatory step into suspected anti-competitive practices. The fact that the Commission carries out such inspections does not mean that the company is guilty of anti-competitive behaviour, nor does it prejudge the outcome of the investigation itself,” the Comission said.

Just Food asked the Commission to confirm the identity of the company concerned and its country of origin, as well as the plants involved in the inspections and the timing. The request was declined.

According to the statement: “There is no legal deadline to complete inquiries into anti-competitive conduct. Their duration depends on a number of factors, including the complexity of each case, the extent to which the companies concerned cooperate with the Commission and the parties’ exercise of their rights of defence.”

It added that the body has a whistleblower mechanism to “make it easier for individuals or companies to alert it about anti-competitive behaviour while maintaining their anonymity”.

Reuters reported yesterday (14 April) that neither Nestlé nor Mondelez International were targeted by Commission inspectors in the anti-trust probe, according to separate statements from the food and confectionery giants.

Mondelez was fined by the Commission in 2024 for breaching EU regulations for “hindering cross-border trade” in an investigation dating back to 2021.

At the time, Mondelez acknowledged it had reached a “settlement” with the European authorities.

“EU Commission raids “chocolate confectionery” company in suspected anti-trust breach” was originally created and published by Just Food, a GlobalData owned brand.



Source link

Tags: antitrustBreachchocolateCommissionCompanyconfectioneryRaidssuspected
ShareTweetShare
Previous Post

Shekel-dollar rate dips below NIS 3/$

Next Post

BTIG Initiates Coverage of Conagra (CAG)

Related Posts

Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

by theadvisertimes.com
August 3, 2026
0

Palantir blew past Wall Street’s financial targets in its second quarter and forecast strong growth in the coming months, sending...

Salesforce Remains Down But Turning Positive: 100%+ Returns Lie Ahead According to This Analyst

Salesforce Remains Down But Turning Positive: 100%+ Returns Lie Ahead According to This Analyst

by theadvisertimes.com
August 3, 2026
0

Quick Read Needham's Scott Berg carries a $400 price target on CRM, implying 117% upside, anchored by Agentforce ARR growing...

Kansai Nerolac Q1 profit rises 5%; approves Rs 601 crore capacity expansion

Kansai Nerolac Q1 profit rises 5%; approves Rs 601 crore capacity expansion

by theadvisertimes.com
August 3, 2026
0

Kansai Nerolac Paints reported a more than 5% rise in consolidated net profit for the June quarter, aided by healthy...

Former Mossad chief appointed Ondas president

Former Mossad chief appointed Ondas president

by theadvisertimes.com
August 3, 2026
0

US company Ondas (Nasdaq: ONDS) today announced that David Barnea, the former head of Israel’s Mossad intelligence agency has...

Liberty Lifestyle: Youth Sports Burnout

Liberty Lifestyle: Youth Sports Burnout

by theadvisertimes.com
August 3, 2026
0

Organized sports are a major part of childhood in the United States, attracting tens of millions of children annually. Over...

Visa buys Israeli fraud prevention co BioCatch for .4b

Visa buys Israeli fraud prevention co BioCatch for $2.4b

by theadvisertimes.com
August 3, 2026
0

Visa today announced it has signed a definitive agreement to acquire Israeli digital fraud and financial crime protection company...

Next Post
BTIG Initiates Coverage of Conagra (CAG)

BTIG Initiates Coverage of Conagra (CAG)

IQVIA Holdings (IQV) Traded Lower Due to AI-Related Fears Despite Reporting In-Line Results

IQVIA Holdings (IQV) Traded Lower Due to AI-Related Fears Despite Reporting In-Line Results

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
The 22 Largest US Funding Rounds of May 2026 – AlleyWatch

The 22 Largest US Funding Rounds of May 2026 – AlleyWatch

June 30, 2026
Cheap Media Voyeurism Feeds Surveillance Culture Tyranny

Cheap Media Voyeurism Feeds Surveillance Culture Tyranny

0
California’s diesel prices have jumped since the Iran war started, with ripple effects across the country

California’s diesel prices have jumped since the Iran war started, with ripple effects across the country

0
Backpack Exchange Lists TRX Spot And Perpetual Markets

Backpack Exchange Lists TRX Spot And Perpetual Markets

0
The 7 Largest NYC Tech Startup Funding Rounds of July 2026 – AlleyWatch

The 7 Largest NYC Tech Startup Funding Rounds of July 2026 – AlleyWatch

0
channel partner incentive programs

channel partner incentive programs

0
Visa buys Israeli fraud prevention co BioCatch for .4b

Visa buys Israeli fraud prevention co BioCatch for $2.4b

0
Market Talk – August 3, 2026

Market Talk – August 3, 2026

August 3, 2026
5 Home-Energy Assistance Documents Seniors May Need Before Applications Open

5 Home-Energy Assistance Documents Seniors May Need Before Applications Open

August 3, 2026
As PE crowds out RIA buyers, here’s what sellers need to know

As PE crowds out RIA buyers, here’s what sellers need to know

August 3, 2026
Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike

August 3, 2026
Trump Says Exxon and Chevron Profited Too Much During Iran War Oil Spike

Trump Says Exxon and Chevron Profited Too Much During Iran War Oil Spike

August 3, 2026
California’s diesel prices have jumped since the Iran war started, with ripple effects across the country

California’s diesel prices have jumped since the Iran war started, with ripple effects across the country

August 3, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Market Talk – August 3, 2026
  • 5 Home-Energy Assistance Documents Seniors May Need Before Applications Open
  • As PE crowds out RIA buyers, here’s what sellers need to know
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.