Mondelez Fined $365.7 Million by EU for Cross-Border Trade Curbs

Mondelez Fined $365.7 Million by EU for Cross-Border Trade Curbs
Oreo biscuits and a Toblerone Swiss milk chocolate are seen displayed in front of Mondelez International logo on July 26, 2021. Dado Ruvic/Illustration/Reuters
Reuters
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BRUSSELS—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.