Sugar deal could raise prices for UK shoppers

UK Competition and Markets Authority

Friday, March 8, 2024

The UK Competition and Markets Authority's initial investigation has found that TLS’ purchase of Tereos UK & Ireland could result in higher sugar prices. Following an initial Phase 1 investigation, the Competition and Markets Authority (CMA) has found that T&L Sugars Limited’s (TLS) purchase of Tereos UK & Ireland’s ‘business to consumer’ packed sugar business (TUKI B2C) from Tereos SCA (Tereos), could lead to a substantial lessening of competition. TLS and Tereos now have 5 working days to offer solutions which fully resolve the CMA’s competition concerns, otherwise it will refer the deal to an in-depth Phase 2 investigation.

Click here to connect to the source of this storyClick here for more News and Views

As I browse the web researching various topics concerning the EU and UK sugar markets, I've been bookmarking interesting weblinks. Some of these are news clippings, some are links to official documents, and some are interesting data sources.

It's really easy (and anonymous) to subscrible to this EU and UK News & Views feed with RSS. Add this address to your favourite RSS reader:
https://www.julianprice.com/news-clippings/rss.xml

Disclaimer

This disclaimer is applicable to all content accessible via this website which, by accessing the website and/or subscribing and/or reading the occasional reports, we hereby deem you to have read and accepted in full: Any comments, opinions or data visualizations herein are not intended to be an offer to buy or sell commodities or futures and options thereon as they merely state our views and carry no guarantee as to their accuracy. We make no representation or warranty that the information contained herein is accurate, complete, fair or correct. All information, prices or projections are subject to change without notice. This information is not intended to be construed as investment advice. We do not accept any liability or loss or damage arising from any inaccuracy or omission in or the use of or reliance on the information herein.