Brussels, 29/02/2000 (Agence Europe) - The European Commission has cleared the creation of a joint processing company for nut snacks between Granaria (Netherlands), Ültje (Germany) and Felix Snack (Germany). The parties will sell most of their products (peanuts, pistachio, nuts, etc) under distributor brand names and only make 20% of their turnover with sales under their own label.
European competition services felt that the joint venture's ability to impose price increases will be...