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Article: ACCC opposes Coca Cola's proposed fruit juice acquisition.
- Article from:
- M2 Presswire
- Article date:
- November 26, 2003
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M2 PRESSWIRE-26 November 2003-ACCC: ACCC opposes Coca Cola's proposed fruit juice acquisition(C)1994-2003 M2 COMMUNICATIONS LTD
RDATE:11262003
The Australian Competition and Consumer Commission will oppose the proposed acquisition of Berri Limited by Coca-Cola Amatil Limited, ACCC Chairman, Mr Graeme Samuel, said today.
"The ACCC considered that CCA could exert its market power to link sales of the Berri fruit juice products to its dominant Coca-Cola soft drink product. As retailers would also have commercial incentives to bundle Berri's fruit juice products with CCA's leading portfolio of beverages themselves, the ACCC's investigation strongly ...