Mondelez (NASDAQ: MDLZ ) isn't too proud to back a rival.
The global food giant behind the Tassimo single-serve coffee platform announced on Monday that it was launching espresso capsules that are compatible with Nestle's (NASDAQOTH: NSRGY ) Nespresso in key European markets. The move is somewhat similar to Starbucks (NASDAQ: SBUX ) expanding its deal with Green Mountain Coffee Roasters (NASDAQ: GMCR ) even after putting out its own single-serve coffee system last year.
In this video, longtime Fool contributor Rick Munarriz looks at one thing that's very different this time around.
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