Nestle SA Statement of Objections from French Competition.. (9162O)
13 Octubre 2021 - 1:00AM
UK Regulatory
TIDM76TQ
RNS Number : 9162O
Nestle SA
13 October 2021
Nestlé press release
.......................................
[Ad hoc announcement pursuant to art. 53 SIX Listing Rules]
Vevey/Switzerland, October 13, 2021
Statement of Objections from French Competition Authority
regarding metal packaging in France
Following the announcement from the French Competition Authority
("Autorité de la Concurrence") dated October 12th, 2021, Nestlé
S.A. confirms it received a Statement of Objections ("Notification
de Griefs").
The French Competition Authority alleges that 14 trade
associations and 101 companies - among them, certain Nestlé
subsidiaries in France - restricted competition related to, among
others, communication on the removal of BPA from metal packaging in
France. The French Competition Authority's allegations against
certain Nestlé subsidiaries in France indicate a minor role. An
evaluation of the potential financial impact is currently not
possible. The Company strongly disagrees with these allegations and
will vigorously contest them.
Contacts:
Media Christoph Meier Tel.: +41 21 924 22 00
mediarelations@nestle.com
Investors Luca Borlini Tel.: +41 21 924 3509 ir@nestle.com
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END
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