Whatever happened to the idea of competition?

THE Competition Authority is currently deliberating on two takeovers in the food and drinks sector.

Its first decision will be delivered at the end of this month and involves Kerry Group’s €165 million bid for Breeo, the consumer foods division of Dairygold spin-off Reox Holdings.

Breeo includes well-known brands like Galtee, Calvita and Shaws, and it is likely that the deal will go through, even if it diminishes competition.