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Hershey Canada fined $3.8M for price-fixing

Friday - 6/21/2013, 3:10pm  ET

CHARMAINE NORONHA
Associated Press

TORONTO (AP) -- Hershey Canada Inc. was fined US$3.8 million (CA$4 million) Friday after pleading guilty to its role in fixing the price of chocolate confectionery products in Canada.

Canada's Competition Bureau said the Mississauga, Ontario-based company admitted in the Ontario Superior Court of Justice that it conspired, agreed or arranged to fix the price of chocolate confectionery products in Canada in 2007.

The Competition Bureau said Hersey also admitted that in 2007 senior employees communicated with employees at Nestl
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