gregbathurst
Well-Known Member
https://www.abc.net.au/news/2019-12-12/accc-raises-concerns-on-asahi-cub-takeover/11791962
"The proposed acquisition would combine the two largest suppliers of cider in a highly concentrated market," ACCC chair Rod Sims said.
"A combined Asahi-CUB would control the Somersby, Strongbow, Mercury and Bulmers cider brands, which account for about two-thirds of cider sales.
"We are concerned that the proposed acquisition may lead to higher cider prices."
I don't drink any of that stuff (though I only drink my own cider anyway). When the link said "Concentrated cider market" I thought it would be about cheap concentrate from china.
"The proposed acquisition would combine the two largest suppliers of cider in a highly concentrated market," ACCC chair Rod Sims said.
"A combined Asahi-CUB would control the Somersby, Strongbow, Mercury and Bulmers cider brands, which account for about two-thirds of cider sales.
"We are concerned that the proposed acquisition may lead to higher cider prices."
I don't drink any of that stuff (though I only drink my own cider anyway). When the link said "Concentrated cider market" I thought it would be about cheap concentrate from china.