Cyrillic Partners

Canadian regulators have launched an investigation into Nestlé, Cadbury, Hershey, Mars and others that may have been involved in a price-fixing chocolate cartel that bilked consumers out of billions of dollars.

CBC has the news [via Fark]: “We can confirm that we are investigating alleged anti-competitive practices in the chocolate confectionery industry,” said John Pecman, the bureau’s assistant deputy commissioner in the criminal matters branch. “The volume of commerce affected here is definitely potentially in the billions of dollars per year.”

Another rich case study chance for some graduate student some place. Throw it on the pile, next to the airline price-fixing scandals we reported on earlier this week.

[Image from PhillipsChocolate.com]

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