Chocolate makers were 'price fixing'


PITTSBURGH, PENNSYLVANIA: US supermarket chain Giant Eagle is suing four of the world's largest chocolate manufacturers over alleged price fixing. It has filed a federal lawsuit in a Pittsburgh court claiming that Hershey, Mars, Nestlé and Cadbury Schweppes fraudulently claimed higher material costs and raised prices by more than 15% from 2002 to 2007. "In the face of waning demand, defendants responded by instituting uniform parallel price increases," Giant Eagle claimed.