Canada charges Nestle and Mars

Canada has charged two of the world’s biggest chocolate makers, Nestle and Mars, with colluding to fix the price of chocolate, the Canadian competition watchdog said yesterday. Canada’s Competition Bureau recommended lenient treatment for the Canadian arm of Hershey, which cooperated with the investigation. Hershey said it would plead guilty to one count of price fixing. Mars and Nestle said they intend to “vigorously defend” themselves against the allegations.