Economics

Hershey Pleads Guilty to Price-Fixing in Canada

Faces $3.8 million fine

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Hershey Canada Inc. faces a fine of US$3.8 million (CA$4 million) after pleading guilty to its role in fixing the price of chocolate confectionery products in Canada.

Canada's Competition Bureau said Friday that the chocolate manufacturer 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.