FDBusiness.com

Danone, Nestlé, FrieslandCampina facing Chinese infant formula pricing probe

 Breaking News
  • The Zamora Company Moves into American Whiskey The Zamora Company, a Spanish fifth generation, family-owned global wine and spirits business headquartered in Madrid, has acquired an equity stake in Yellow Rose Distilling, a leading American whiskey distiller in Houston, Texas. The Zamora Company is best known for Licor 43, Spain’s leading liqueur brand, as well as Villa Massa Limoncello and a wide [...]...
  • Dunnes Reclaims Top Spot in Irish Grocery Market The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 5 November 2017, reveal that Dunnes Stores has returned to the top spot for the first time in nine months, capturing a 22.4% share of the market. David Berry, director at Kantar Worldpanel, comments: “Dunnes Stores traditionally posts a strong performance towards [...]...
  • Cornish Kern From the UK Named World Champion Cheese 2017 Cornish Kern, an alpine-style cheese made by the UK’s Lynher Dairies Cheese Company, has been crowned World Champion Cheese at the 30th annual World Cheese Awards, after just a few years in development. This buttery medium-hard cheese, with a deep aroma and caramel notes, rose to the top among 3,000 entries. The 30th anniversary edition of the awards [...]...
  • GNT Group Supports Next Generation of Food Scientists The GNT Young Scientist Award 2017 goes to Caroline Buvé of Katholieke Universiteit Leuven, Belgium. At the 31st EFFoST International Conference, which was held in Sitges, Spain, from 13th to 16th November, she stood out with her research on quantifying colour changes of pasteurized strawberry juices during storage by integrating analytical and acceptability data. Second and third place went [...]...
  • How Conformity Can Deliver Tangible Business Benefits For Packaged Food Manufacturers Manufacturers and brand owners are under immense pressure to repeatedly produce conforming, high quality, safe and well-presented packaged food to meet industry requirements. Increasingly stringent legislation, innovations in packaged product design and evolving customer expectations mean the need for conformity has never been greater. Industry expert Mettler Toledo has published a free, comprehensive white paper ‘Ensuring Conformity [...]...

Danone, Nestlé, FrieslandCampina facing Chinese infant formula pricing probe

June 30
14:43 2013

A host of infant formula manufacturers, including Nestlé, Danone, and FrieslandCampina, are under investigation in China over the high pricing of infant formula and suspected anti-trust violations.

According to reports from China, the National Development and Reform Commission (NDRC) has launched a probe into the pricing practices employed by infant formula manufacturers, Danone, Mead Johnson, Abbott Laboratories, FrieslandCampina, Nestlé-owned Wyeth, and Chinese firm, Biostime International.

DairyReporter.com understands that the NDRC is in the process of reviewing evidence that suggests the manufacturers in question drove up the retail price of their infant formula products in China.

According to reports, infant formula prices in China have increased by around 30% since 2008.

Formula manufacturers “cooperating”

The NDRC was unavailable to comment on the reports, but Nestlé, FrieslandCampina and Danone did confirm that an investigation into their Chinese pricing practices was underway.

All confirmed that they are “cooperating” with Chinese authorities.

“Wyeth Nutrition has been actively cooperating with NDRC’s on-going review of the industry,” a Nestlé spokesperson told DairyReporter.com. “It is not appropriate for us to comment on the details of this review at this stage of the process.”

A Danone spokesperson mirrored the statement issued by Nestlé, only stating: “We are providing full cooperation to the authorities.”

Responding to the reports, FrieslandCampina spokesman, Jan-Willem ter Avest confirmed that an investigation has been launched by Chinese authorities.

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • November 28, 2017Fi Europe
  • December 4, 2017Plastics and Paper in Contact with Foodstuffs 2017
  • January 8, 2018RAI Exhibition
  • January 16, 2018Sival Plant Production Trade Show
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements