date:Apr 23, 2014
o a statement from the French Competition Authority.
The ruling was the first of its kind, Alain-Sebastian Oberhuber, an analyst at MainFirst, said in a note. Nestle faces the risk of more such antitrust investigations in other markets, which could hurt sales and profit, he wrote.
Nespresso, the biggest maker of single-serve coffee in Europe, has been losing market share to capsules made by companies including D.E Master Blenders 1753, Mondelez International Inc. (MDLZ) and Ethical Coffee Co.