Nestle and Mondelez not targets of EU antitrust raids

Nestle and Mondelez confirmed on Tuesday they were not targeted by EU antitrust raids. The investigation focuses on possible cartels in the chocolate market.

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Major food industry leaders have clarified their status following recent regulatory activity in Europe. NESTLE SA-REG and MONDELEZ INTERNATIONAL INC-A issued separate statements on Tuesday confirming they were not the targets of antitrust raids carried out by the European Commission.

The Nestle corporate logo is displayed during the company's Annual General Meeting in Ecublens, Switzerland, on April 18, 2024. REUTERS/Denis Balibouse
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