European Commission Raids Nutella Maker Over Competition Concerns

The European Commission conducted raids at facilities belonging to the maker of Nutella hazelnut spread as part of an investigation into suspected anti-competitive practices. The company faces allegations of damaging fair competition in the market. The European Commission, the EU's executive arm responsible for enforcing competition law across the 27-member bloc, has the authority to investigate and penalize companies that engage in anti-competitive behavior such as price-fixing, market manipulation, or abuse of dominant market position.