Mondelez Fined $366 Million by EU for Anticompetitive Practices

The maker of Oreo and Cadbury restricted cross-border sales to maintain higher prices, harming consumers across Europe.

The European Commission fined Mondelez for hindering trade of chocolate, biscuits, and coffee within the EU.
Mondelez's actions led to higher prices for consumers during a cost-of-living crisis.
The company engaged in 22 anticompetitive agreements between 2012 and 2019.
Mondelez limited sales to certain countries to prevent lower-priced resales.
The fine is one of the largest antitrust penalties ever imposed by the EU.