Company Announcements

Statement of Objections from French Competition..

Source: RNS
RNS Number : 9162O
Nestle SA
13 October 2021
 

Nestlé press release

 

 

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[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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