A PYMNTS Company

Spain: Authority concerned over olive oil deal

 |  January 10, 2013

According to reports, Spain’s competition authority is questioning a proposed merger that would give Deoleo – one of the nation’s leading food companies – control of Hojiblanca extra virgin olive oil brand and co-op, while Hojiblanca would receive a 9.63 percent share in Deoleo in return. Spain’s National Competition Commission had announced that it analyzed the deal and expressed concerns that it would limit competition within the virgin olive oil market throughout Spain. The CNC is now asking for comment submissions into the matter.


Full Content: The Olive Oil Times

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.