tiprankstipranks
Italy’s competition watchdog probing alleged wine bottle cartel, FT reports
The Fly

Italy’s competition watchdog probing alleged wine bottle cartel, FT reports

On November 10, Financial Times’ Amy Kazmin reported that Italy’s competition watchdog, the AGCM, had launched an antitrust investigation after Italian winemakers complained about a “possible cartel” among the local arms of some of the U.S. and Europe’s biggest wine bottle producers. Companies under scrutiny include Italian subsidiaries of France’s Verallia (VRLAF); U.S.-based Berlin Packaging and O-I European Packaging; Austria’s Vetropak; and Italian bottle makers Zignago Vetro and Bormioli Luigi, the report said.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on OI:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles