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Mondelez fined $365.7 million by EU for cross-border trade curbs

Reuters
更新日期： ·1 分鐘文章
FILE PHOTO: Oreo biscuits and a Toblerone Swiss milk chocolate are seen displayed in front of Mondelez International logo in this illustration picture

(Corrects headline to remove euros)

BRUSSELS (Reuters) - Oreo maker Mondelez International was fined 337.5 million euros ($365.72 million) by EU antitrust regulators on Thursday for impeding cross-border trade of chocolate, biscuits and coffee products between EU countries.

The European Commission said Mondelez had abused its dominant position in breach of EU antitrust laws.

"Mondelez's illegal practices prevented retailers from being able to freely source products in Member States with lower prices and artificially partitioned the internal market," the EU executive which acts as the EU competition enforcer said in a statement.

($1 = 0.9228 euros)

(Reporting by Foo Yun Chee)