Feb 14 2008

Happy Valentine’s Day: Chocolate is price-fixed?

With perfect timing for the romantic occasion, federal investigators are looking into the possibility that Big Food is fixing chocolate prices, and in three different countries yet.  The allegations?  “Top executives at Hershey Co., Mars, and Nestle [no relation] met secretly in coffee shops, restaurants and conventions to set prices.”   Although, as I discussed in Food Politics, it seems obvious from supermarket prices that such things must go on all the time, price-fixing is illegal.  Happy Valentine’s Day!

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  • Fentry
  • February 15, 2008
  • 11:22 am

Carol Off wrote a harrowing book I read which documented allegations of price fixing by these very companies for over 100 years–the book also focused heavily on the modern industry (which doesn’t seem to have changed much) and the prevailing use of child slave labor–under worse-than-sweat-shop conditions.

She drew the terrible connection between price fixing and child slave labor. The book is called “Bitter Chocolate.”

http://www.amazon.com/Bitter-Chocolate-Worlds-Seductive-Sweet/dp/1595583300/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1203042513&sr=8-1

  • Rufeno Lorenzo
  • August 19, 2008
  • 6:15 am

What amount of cocoa and what kind should one
take daily to lower Blood Pressure?

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