Previous article Next article

The EU Commission clears acquisition of third largest company by second largest company in the market for industrial chocolate, subject to conditions (Cargill / ADM)

Cargill/ADM: How far would you go for chocolate?* In a nutshell: This case involved assessing the horizontal overlaps between two of the top three producers of industrial chocolate in Europe. Key elements were the reconstruction of market shares based on a customer- and plant-based definition of the geographic market, as well as the assessment of current and future capacity levels. Whilst the specific features of the market (limited number of suppliers, product homogeneity) enabled an extensive market reconstruction in this case, these features are not present in all cases. 1. Introduction In July 2015, following a phase II in-depth investigation, the Commission cleared the acquisition of the industrial chocolate business of Archer Daniels Midland (ADM) by Cargill, subject to

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

Quotation

Luca Aguzzoni, Jean-Christophe Mauger, Jullien Sylvestre, Thomas Büttner, The EU Commission clears acquisition of third largest company by second largest company in the market for industrial chocolate, subject to conditions (Cargill / ADM), 17 July 2015, e-Competitions Bulletin July 2015, Art. N° 86395

Visites 35

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues