Previous close | 0.1500 |
Open | 0.1400 |
Bid | 0.0500 |
Ask | 2.2500 |
Strike | 63.00 |
Expiry date | 2024-06-14 |
Day's range | 0.1400 - 0.1500 |
Contract range | N/A |
Volume | |
Open interest | 8 |
The owner of Cadbury has been fined €337m (£287m) after it admitted restricting the movement of chocolate, coffee and biscuits within the EU to push up prices.
The European Commission has imposed a fine of 337.5 million euros ($366 million) on food company Mondelez, the owner of Oreo cookies and other snack brands, for obstructing sales of its products between EU member states, the bloc's executive arm said on Thursday. Mondelez owns the Cadbury and Toblerone chocolate brands as well as Oreo and Chips Ahoy cookies, Triscuit crackers and Perfect Snacks nutrition bars. The Commission said Mondelez tried to avoid that cross-border trade because that could lead to lower prices.
Mondelez, the maker of Oreo and Cadbury Dairy Milk chocolate, has been fined €337.5 million ($366 million) for hindering the trade of chocolate, cookies and coffee between European Union countries in order to keep prices high.