Snow Brand Milk Products Co., Japan, will pay a total of 1.1 million Yen (about $9,600 U.S. dollars) in damages to eight of nine plaintiffs who filed a suit with the court in July 2001 after consuming tainted Snow Brand products.
Rival conglomerates Unilever and Nestle are scrapping for their shares of China's ice cream market, even as competition increases from a number of new and established local players.
The International Ice Cream Association (IICA), a constituent organization of IDFA, has petitioned FDA to modernize and improve federal standards governing the manufacture of ice cream and other frozen desserts.
Both Nestle and Dreyer's have said in recent weeks that they remain confident that their $2.8 billion merger will take place, perhaps as soon as mid-June.