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Natural food store wars: Independents brace for competition from national chains

2015-06-20 23:10:34| Grocery - Topix.net

ORMOND BEACH Long before Trader Joe's began building its massive distribution center in Daytona Beach, this area has been home to several independent stores specializing in natural and organic food. "Volusia County probably has more natural food stores than any other county in Florida," said Mitchell Booth, owner of two local Love Whole Foods Cafe & Market stores.

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University of Minnesota Ph.D. Students Win BASF Science Competition

2015-06-18 07:00:00| Coatings World Breaking News

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Federal Competition Bureau allows H.J. Heinz-Kraft Foods merger deal

2015-06-18 01:22:48| Food - Topix.net

The Competition Bureau has given its OK to the proposed merger of H.J. Heinz Co. and Kraft Foods Group.

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Competition Bureau allows Heinz-Kraft deal

2015-06-18 01:22:47| Food - Topix.net

The Competition Bureau has given its OK to the proposed merger of H.J. Heinz Co. and Kraft Foods Group.

Tags: deal competition bureau competition bureau

 

EU competition commissioner questions telecom consolidation

2015-06-15 15:10:00| Telecompaper Headlines

(Telecompaper) Margrethe Vestager, the EU commissioner for competition, has questioned telecom operators' main argument for the recent swathe of mergers and acquisitions, saying the reduction in the number of operators is more likely to lead to higher prices than increased investment. In a speech at the Concurrences conference in Paris, Vestager used the telecoms industry as an example of the increased focus on innovation and investment in the new European Commission's competition policy. While incumbent operators argue that the in-country mergers are needed in order to increase investment, the EU commissioner said she had "not seen evidence that this is the case". She said there was more evidence that "excessive consolidation may lead not only to less competition and more expensive bills for consumers, but that it also reduces the incentives in national markets to innovate". She used Free Mobile, the newest and fourth mobile operator in France that sparked a price war, as an example of how increased competition lead to a higher level of investment in the French mobile market. Vestager also noted the incumbents' history of abusing their dominant position and restricting access to alternative operators that form an important source of new investment. Vesatger's speech suggests the EC will take a harsh view of a number of pending mergers in Europe, such as Hutchison Whampoa's bid for O2 UK and Wind in Italy. Both deals would reduce the countries to three mobile operators from four. 

Tags: questions competition telecom consolidation

 

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