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Mars, Nestle, Hershey accused of chocolate price-fixing conspiracy in Canada
http://worldnews.nbcnews.com/_news/2013/06/07/18820597-mars-nestle-hershey-accused-of-chocolate-price-fixing-conspiracy-in-canada?liteBy Ian Johnston, Staff Writer, NBC News
Nestle, Mars and Hershey companies in Canada have been charged with conspiring with others to fix the price of chocolate, authorities said.
Nestle Canada and Mars Canada both said they would vigorously defend themselves against the claims.
Canadas Competition Bureau said in a statement that Hershey Canada was expected to plead guilty later this month for its role in the conspiracy to fix the price of chocolate confectionery products in Canada.
However, the bureau said that Hershey had cooperated with the investigation and it had recommended to prosecutors that it should receive lenient treatment.
SNIP
ITWAL Ltd., a national network of independent wholesale distributors, has also been charged along with Robert Leonidas, former president of Nestlé Canada; Sandra Martinez, former president of confectionery for Nestlé Canada; and David Glenn Stevens, president and chief executive of ITWAL.
The Competition Bureau said it became aware of the allegations under a program in which the first party to disclose an offense may receive immunity from prosecution.
Subsequent cooperating parties may receive lenient treatment under the Bureau's Leniency Program, it added. These programs provide powerful incentives for business organizations and individuals to come forward and cooperate with the Bureau's investigations.
The bureau said the accused face the possibility of a fine of up to $10 million and/or imprisonment for a term of up to five years.
SNIP
Hershey Canada said in a statement that it had "promptly reported the conduct to the Competition Bureau, cooperated fully with its investigation and did not implement the planned price increase that was the subject of the 2007 communications."
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Mars, Nestle, Hershey accused of chocolate price-fixing conspiracy in Canada (Original Post)
marble falls
Jun 2013
OP
riverbendviewgal
(4,254 posts)1. mars bars are my favorite.
Maybe they will get cheaper.
dixiegrrrrl
(60,010 posts)8. Read the ingriedients some time.
The chocolate we used to know has radically changed.
riverbendviewgal
(4,254 posts)9. I don't eat much sugar
and carbs....they are combined poison but I do indulge.
I wonder if the Mars bars in England are better . When I visited there last fall they seemed to taste better.
PDJane
(10,103 posts)2. One of the reasons I don't buy chocolate bars of that kind.
The chocolate is from slavery, too. If I buy chocolate, I buy Lindt.
Auggie
(31,200 posts)4. Nestle, Mars and Hershey is crap chocolate as well
PDJane
(10,103 posts)5. That's the other reason I don't buy the stuff.
I've developed type 2 diabetes, and the persistence of corn syrup is a problem. Of course, since my intake of chocolate is limited, I buy the best I can find when I do eat the stuff!
Vinnie From Indy
(10,820 posts)3. Hershey dropped a dime on the other two
A chocolate rat!
bitchkitty
(7,349 posts)7. LOL n/t
Archae
(46,354 posts)6. Spyig on all of us in one thing...
But price-fixing chocolate?
Blasphemy!