Italian Regulator Approves Takeover Of Emmeci And Mega By Unes Maxi
Italy’s Competition and Market Authority has cleared the acquisition of retailer Emmeci and property entity Mega by Unes Maxi.
Legal & regulation news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
PepsiCo, Kraft Heinz under investigation in Texas over avocado oil claims
A probe into food giants' better-for-you brands follows a UC Davis study that found many products may be adulterated with cheaper oils.
Burlington CEO calls using tariff refunds to cut prices ‘the right thing to do’
Michael O’Sullivan expects discounts to be widespread in the second half of the year, so lower prices will help struggling customers and protect market share, he told analysts…
Investors sue Owyn protein shake owner after reformulation led to sales dip
Simply Good Foods' switch to "an inferior supplier of pea protein" led to negative reviews and lost distributor relationships, a lawsuit claims.
Magnum welcomes pruning of Ben & Jerry’s lawsuit
The Magnum Ice Cream Company has welcomed a US court decision narrowing a lawsuit brought by former Ben & Jerry’s independent directors. The post Magnum welcomes pruning of Ben &…
Butterball reaches settlement in turkey pricing case
Butterball has agreed to a $34m settlement to resolve allegations the US poultry producer conspired to inflate turkey prices. The post Butterball reaches settlement in turkey…
Nearly 60 members of Congress call for aluminum pricing investigation
At issue is the Midwest Premium, a pricing structure that has led to increased costs for cans used by the U.S. beverage industry.
JD.com makes commitments in the MediaMarkt acquisition case
Chinese e-commerce giant JD.com is reported to have made commitments to the EU as part of the investigation into its acquisition of Ceconomy, the parent company of electronics…
Danone is allowed to acquire Huel for 1 billion euros
Danone has been given the go-ahead to acquire Huel: the British meal-replacement manufacturer has received approval from the competition regulator. The 1 billion euro deal is…
Boohoo hit with £2m fine in France over ‘fake’ discounts
Boohoo has been slapped with a £2m fine in France after the country’s consumer watchdog found the fashion retailer had misled shoppers with discounts that were not always genuine…
Trump admin’s dietary guidelines face lawsuit from doctors’ group
The Physicians Committee for Responsible Medicine said recommendations were illegally shaped by beef and dairy industry insiders.
Walmart’s stores have ‘evolved’ as e-commerce grows
CFO John David Rainey said brick and mortar is vital as retail becomes more omnichannel. Meanwhile, Walmart's Q2 U.S. comps were softened by drug pricing regulation.