Archive for the ‘hershey’ tag
This Easter: Cadbury, Mars, Hershey and Nestle all get some bitter choclate.
It would seem that the Cadbury Easter Bunny has been consorting with a cast of maniacal chocolate Ooompa Loompas!
Cadbury, Mars, Hershey and Nestlé have been served with a lawsuit alleging that they conspired to push up the prices of their chocolate bars over most of the last decade, drawing on claims that senior executives shared secret price information in brown envelopes and via distributors.
The suit, served in Hershey’s home state of Pennsylvania by a Minnesota grocery chain called Supervalu, adds to a mountain of litigation and regulatory scrutiny over alleged price-fixing.
Why this reminds me of Matt Damon in The Informant! Looks like Archers Daniel Midland aren’t the only ones out there price-fixing.
