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Current Position:Home » News » Processed Foods » Confectionary » Topic

Hershey, Mars and Nestlé to face $727m chocolate ‘price fix’ case

Zoom in font  Zoom out font Published: 2012-12-19  Authour: Oliver Nieburg+   Views: 64
Core Tip: Hershey, Mars and Nestlé may be liable for $727m in damages for alleged conspiracy to raise chocolate prices in the US between 2002 and 2007.
Hershey, Mars and Nestlé may be liable for $727m in damages for alleged conspiracy to raise chocolate prices in the US between 2002 and 2007.

The companies are to face allegations of price fixing after a judge in a district court in Pennsylvania ruled on 7 December that 91 claimants could lodge a class action against the chocolate giants.

The claimants had relied on expert evidence to prove they were a 'class' - a group with a similar gripe - which the chocolate makers claimed was based on miscalculations.
 
 
 
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