Make us your home page

Grocers take on chocolatemakers

Pennsylvania-based Hershey Co. is one of the chocolate makers accused by major retailers of price fixing.

AP photo

Pennsylvania-based Hershey Co. is one of the chocolate makers accused by major retailers of price fixing.

Florida grocers Publix Super Markets Inc. and Sweetbay Supermarket are among many major retailers nationally to file price fixing suits in the past three weeks against the four big chocolatemakers that control about 80 percent of the market.

The suits, which grew from investigations by the European Commission and the Canadian Competition Bureau, allege that Pennsylvania-based Hershey Co. and Mars Inc. conspired with Swiss-based Nestle SA and London-based Cadbury Schweppes Plc to raise prices about 15 percent as consumer demand for chocolate declined since 2001.The investigations uncovered a series of internal memos, e-mails and messages. The German Cartel Office raided the offices of seven candymakers in February.

Other suits in the United States were filed by Kroger Co., Giant Eagle Inc., Safeway Inc., and Meijer plus drugstore giants CVS Corp.,Walgreen Co. and Rite Aid Inc. A panel of judges is weighing where to consolidate the suits.

Grocers take on chocolatemakers 04/02/08 [Last modified: Wednesday, April 2, 2008 1:30pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. 1 in 4 Florida adults aren't registered to vote, according to non-partisan group


    TALLAHASSEE — Five million people in Florida who are eligible to vote aren't registered, according to a nationwide non-partisan group that helps improve the accuracy of state voter rolls.

    Voters line up in front of the Coliseum Ballroom in St. Petersburg on Nov. 8. A non-partisan group estimates that more than a quarter of Florida's adult-age population isn't registered to vote. [SCOTT KEELER | Tampa Bay Times]
  2. As White House defends Jared Kushner, experts question his alleged back-channel move


    WASHINGTON — The Trump administration argued over the weekend that back-channel communications are acceptable in building dialogue with foreign governments, part of an effort to minimize fallout over White House adviser Jared Kushner's reported discussion about creating a secret conduit to the Kremlin at a Russian …

    President-elect Donald Trump embraces son in law Jared Kushner, as his daughter Ivanka Trump stands nearby, after his acceptance speech at the New York Hilton Midtown in the early morning hours of Nov. 9. [Mark Wilson | Getty Images]
  3. Tampa is 15th-most popular city to move to with U-Haul


    TAMPA —Tampa is undoubtedly a destination point, at least according to U-Haul.

    Tampa is the No. 15 destination for people moving with U-Haul trucks. | Times file photo
  4. Florida's economy growing faster than other big states and far better than U.S. overall


    When it comes to economic growth, Florida's running alongside the leading states and well ahead of the United States as a whole.

  5. Westshore Marina District project takes shape with another acquisition

    Real Estate

    TAMPA — One of Tampa Bay's prime waterfront areas took another major step toward redevelopment Friday as WCI Communities bought 2.35 acres in Westshore Marina District.

    WCI Communities, Lennar's high-end subsidiary,has paid $2.5 million for 2.35 acres in the Westshore Marina District for 35 townhomes. WCI is under contract  to buy an additional 9.5 acres.
[BTI Partners]