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U.S. opposes proposed Ardagh purchase of Saint-Gobain unit
date:Jul 02, 2013
Industry leader Owens-Illinois Inc, Saint-Gobain Containers Inc and Ardagh dominate the $5 billion U.S. market for glass containers and Ardagh's purchase of the unit would give the Irish company 75 percent of the U.S. market for beer and liquor bottles, the FTC said.

The result will be higher prices, lower availability and less innovation, the FTC said in its complaint.

Ardagh, an Irish company that specializes in cans and bottles for food and drink, entered the U.S. glass container market in

12/25 22:36