date:Apr 23, 2012
e occasions between 2002 and 2008 as growth slowed in the US chocolate market.
In the face of this drop in demand and the prospect of declining revenue, defendants colluded in order to increase their prices, revenues and profit,read the suit.
AWG added that the companies must have acted together because if they had not they would each of faced negative market percussions if they raised prices and their competitors did not.
The companies, which account for around 76% of the US chocolate market, c