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Financial Times: EU to fine Mondelez for blocking cross-border sales

The European Union is set to fine Oreo maker Mondelez for blocking sales across borders, according to a Financial Times report, which cites people familiar with the developments. The fine, possibly in the millions of Euros, could be announced as soon as next month, the financial publication says.

The report also anticipates that the European Commission will also order Mondelez to stop blocking the sale of its products between EU member states, to avoid the risk of harming consumers.

EU antitrust authorities began investigating Mondelez International in early 2021 over concerns it may have blocked cross-border sales of its products in the European Union in breach of competition rules, Reuters reported in January 2021. The press agency added that Mondelez faces fines worth up to 10% of its global turnover if found guilty of breaching the bloc’s antitrust rules.


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