Nestle (NESN SW) and Mondelez (MDLZ) say they were not targeted by EU Commission anti-trust raids related to probe into chocolate confectionary industry

The statement from Nestle and Mondelez clarifying that they were not part of the EU Commission's antitrust raids is significant for market sentiment in the packaged foods sector. This news alleviates concerns about potential regulatory scrutiny impacting their operations or profitability, which could support their stock performance and positively influence investor sentiment toward the broader sector. Keep an eye on how investors respond, as it could offer insight into market perceptions regarding regulatory risk in related industries.