COMMISSION CLEARS LARGEST ORANGE JUICE WHOLESALE DEAL
May 1st, 2011
BY KEITH NUTHALL
THE CREATION of the world's largest wholesale supplier of orange juice will not cause competition problems in the European Union (EU) and should receive regulatory approval, the European Commission has concluded. This new mega-supplier will be created via a joint venture of Brazilian orange juice giants Votorantim and Fischer. The plan sparked an investigation by the Commission - the EU's chief competition authority. But it concluded "there will remain sufficient competition" in affected markets and has allowed the joint venture to ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.