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Nestlé to pay €2 million to close France water probes (www.lemonde.fr)

submitted 1 month ago by [email protected] to c/[email protected]

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The deal ends preliminary probes into the use of wells without authorization and fraud for filtering its mineral waters, a practice that is illegal in France where mineral waters are supposed to be natural.

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[–] [email protected] 4 points 1 month ago (1 children)

Wow! That will hurt them a lot! It's almost 0.0565% of their 2023 revenue in France.

[–] [email protected] 4 points 1 month ago

I agree with your take on many levels. Maybe the percentage looks like it's a quite higher than 0.05% [Nestlé reports full-year results for 2023], but still not enough to really hurt them. I also agree with what is mentioned at the end of the article:

"It's a scandalous decision which sends a very bad message about a climate of impunity: Nestlé Waters can deceive consumers around the world for years and get away with it by pulling out its checkbook,"