Page 32 - Glass Machinery Plants & Accessories no. 2/2018

businessnews

www .g lassonline.com

NADIR Applicants.
“Structural remedies
PROPOSED ACQUISITION OF O-I UNIT would virtually mean
non-acceptance of the
DISCOURAGED BY AUTHORITIES operation and behavioural
remedies are unlikely to
Nadir Figueiredo’s in the same market and “A series of acquisitions be sufficient to mitigate
proposed acquisition at the same stage in the in recent years have been competitive concerns,” he
of O-I’s tableware production of domestic gradually concentrating concluded.
unit in Brazil has been glass utilities. more and more the The case will now be
discouraged by the “The analysis pointed domestic market of passed on to one of Cade’s
authorities. Brazil’s to the existence of a domestic utilities in the six advisers, who will
General Superintendence market which, prior to hands of the company,” report the case.
(SG) of the the operation, was already said the secretary. He or she should prepare
Administrative Council for very concentrated. “The competitive problems a vote, whether or not
Economic Defense (Cade) “Nadir in some points arising from the operation following the suggestion
suggested the acquisition (such as the maintenance are difficult to negotiate, of the SG, which will then
should be denied. of margins and revenues given the characteristics of be voted by the plenary
The Superintendent said even with the entry of the market, the operation of the antitrust authority,
the acquisition would imported ones) already and the fact that there is formed by the councillors
lead to the joining of has a large market only one large competitor and the president of the
companies operating dominance. in the country besides the local authority.

CHILE GLASS

THE GLASS INDUSTRY

EVENT FOR CHILE AND

SOUTH AMERICA

development of more than 0.920, and per capita GDP of
After Baku Glass 2016, Cuba Glass 2016, Iran Glass
2017 and Colombia Glass 2017, a new event for USD 18.465.
South America – Chile Glass – will take place 27-28 The event will bring together the main global players
November 2018 in Santiago. The event will be held from glass manufacturing; glass processing; glazing
at the Congress Hall of Crowne Plaza Hotel, a five and fenestration; tools, consumables, spare parts and
star hotel, located near all of the city’s most popular equipment; monitoring and control systems; consultancy,
landmarks and companies, in the heart of the city. engineering and services, from both the flat and hollow
The venue of this new two-day event – Crowne Plaza glass sectors.
Santiago – is the ideal choice with a convention facility Chile Glass is promoted by GlassOnline and the
that is one of the largest in the area. magazines Glass Technology International and Glass
Santiago is the country’s capital city, and is the most Machinery Plants & Accessories.
important urban area of Chile and is the seventh most To download the brochure of the event: http://www.
populated city of South America, and the 35th largest glassonline.com/site/chileglass/.
metropolitan area in the world.
Chile’s capital is home
to many of the country’s The Glass Industry
government (except for the
National Congress, which Event for Chile and
is in Valparaiso), financial,
commercial and cultural South America
offices, and is considered as
the third city of Latin America 27-28 NOVEMBER 2018 CROWNE
with regards to the quality of 2018 SANTIAGO DE CHILE PLAZA HOTEL
life, with an index of human

30 glass machinery plants & accessories 2/2018

BN-PN GM 2-2018.indd 30 02/03/18 11.53