UK Regulator Says McCormick-Unilever Deal Threatens Sauce Mix Competition
The UK competition regulator says the planned deal threatens competition, particularly in dry sauce mixes, and has given the companies a week to respond.
By Janet H. ChoThe planned megadeal between spice giant McCormick & Co. and the food business of consumer goods maker Unilever threatens competition, especially in the dry sauce mix aisle of the grocery store, according to the U.K.'s competition regulator, which has given them a week to explain how…