The EU is worried the takeover would increase Mars' bargaining power and hike prices for consumers. The snack maker said it was hopeful the deal to acquire Pringles' maker Kellanova would go through.
Very much so. This is corporate power in action. In terms of Mars buying Pringles (I’m surprised they weren’t already owned by one of the mega corps) then no it doesn’t really change anything re big brands vs smaller brands and small/local producers. It’s just another step towards a monopoly.
Very much so. This is corporate power in action. In terms of Mars buying Pringles (I’m surprised they weren’t already owned by one of the mega corps) then no it doesn’t really change anything re big brands vs smaller brands and small/local producers. It’s just another step towards a monopoly.