This trade/industry report on today's news struck me as interesting. It suggests (by implication) that the Administration just doesn't really need to address the US thermo-formed markets, in any great detail, here -- from a merger review perspective. Afterall, Pactiv will always be able to compete on price -- at triple the size of the combined Dart-Solo. And I suppose that's right.[I'd rather that DoJ/FTC spend its scarce resources on keeping the 'net competitive and free, actually.]
So -- do go read all of the Plastics News piece -- but here's a bit:
. . .Solo was the second-largest thermoformer in North America, with estimated related sales of $790 million, according to a recent Plastics News ranking. Dart was the third-largest, with thermoforming sales of $480 million.
Pactiv Foodservice remains the dominant player, with thermoforming sales estimated at $3.2 billion. . . .
Interesting.
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