The European Commission is set to fine Mondelez millions of euros as early as next month for restricting sales of its products between EU member states, The Financial Times’ Javier Espinoza reports. According to three people familiar with the matter, regulators will order Mondelez to stop blocking cross-border trading because of the potential harm to consumers at a time of high inflation.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MDLZ:
- Mondelēz International Reports Meaningful Progress Against its “Snacking Made Right” Priorities
- 3 Best Stocks to Buy Now, 4/12/2024, According to Top Analysts
- Mondelez price target lowered to $80 from $84 at Barclays
- Mondelez price target lowered to $84 from $87 at Citi
- Mondelez Stock (NASDAQ:MDLZ): Benefiting from Emerging Markets Growth, Strong Brands
