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: