US food giant Mondelez, maker of Oreo cookies, has been hit with a hefty €337.5 million (£288 million) fine by the European Commission for anticompetitive practices. The company is accused of hindering sales of its products across EU member states on Thursday.
According to the Commission, Mondelez sought to restrict cross-border sales, fearing it would trigger price reductions, ultimately harming consumers who would pay more for their favourite chocolates, biscuits, and coffees.
