Countervailing Buyer Power: The French Competition Authority sanctions a company for foreclosing the molasses supply market for Réunion’s distilleries (Tereos Océan Indien)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On Reunion Island, Tereos Océan Indien [hereafter "TOI"], a subsidiary of the Tereos group, owns the only two sugar factories on Reunion Island, namely the Sucrière de La Réunion, also known as the "Sucrerie du Gol", and the Sucrerie de Bois Rouge. The company is also the only supplier of molasses produced from local sugar cane. The molasses produced by these two sugar factories is mainly used to produce rum in three Réunionese distilleries: the Rivière du Mât distillery [hereafter, "DRM" ] , located in the north-east of the island, the Savanna distillery [hereafter "DSAV"] on the site of the Sucrerie de Bois Rouge, and the Isautier distillery. These three