🚨 contrast competition update – EC fines Mondelēz €337.5 million for restricting cross-border trade in breach of EU competition law 🚨

The European Commission (EC) found that Mondelēz breached EU competition law by restricting cross-border trade of various chocolate, biscuit and coffee products through various practices. More specifically, the EC concluded that these practices constituted:
• an abuse of Mondelez’ dominant position in certain national markets for the sale of chocolate tablets; or
• anticompetitive agreements or concerted practices.

Mondelēz’ abuse consisted of the following practices:
• a refusal to supply a wholesaler in Germany to prevent the resale of the products in Austria, Belgium, Bulgaria and Romania; and
• a termination of supply of its products in the Netherlands to prevent imports into Belgium.

In addition, the EC identified twenty-two problematic agreements and practices which are discussed in some more detail here👉 https://lnkd.in/e3e6wVGp

Mondelēz acknowledged having infringed EU competition law.

Commissioner Margrethe Vestager mentioned at a press conference that more similar cases are in the pipeline 👉 https://lnkd.in/egWfrGAf

For more information, you can consult the press release of the EC here 👉 https://lnkd.in/eT3DbyzP.

Questions? Contact our competition partners Filip Tuytschaever, Herlinde Burez or Sebastien Engelen, or your usual contact at contrast.

#competitionlaw #europeanlaw #antitrust #europeancommission #foodindustry #chocolate #contrastupdate