Sunday, December 23, 2007


Say it ain't so:

Just in time for Christmas, it turns out that Big Chocolate has been playing the Grinch. Canadian antitrust authorities have charged in a lawsuit that the Canadian branches of Hershey, Mars, and Nestlé have been conspiring to set prices for the last five years. The regulators have evidence of collusion in the form of affidavits from parties involved, as well as e-mail and printed documents.

So THAT'S what happened to the Christmas budget.

HT: Oligopoly Watch

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