In short, Monti's speculative theory assumed Tetra Laval executives would break the law several years hence.
But few of today's imaginative ideas would have made it onto drawing boards without cork's competition from screw-top bottle caps, plastic stoppers and aluminum Tetra Paks.
The first three cases (two other sets of European mergers besides Tetra Laval-Sibel) coming up before the Luxembourg court each resulted in scathing slap-downs of the Competition Commission.
Nobody know if the wines will perform to the same standards when packaged in paper or plastic, and neither Tetra Paks nor plastic bottles are as sturdy as glass.
The test card, marketed by Tetra Scene of Crime in Billericay, contains a chemical which reacts to Ketamine and GHB, which police say are the most commonly used drugs.
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Besides, there is nothing to stop Monti raiding Tetra Laval in the future were he to have "reasonable cause, " not just a theory, that the packager was abusing its position.
Consider instead the lesser-known case of Tetra Laval, the EU's market leader in paper packaging, and its attempt to buy Sidel, a leading manufacturer of equipment that produces plastic bottles.
Top holdings include: Valmont Industries ( VMI), Nalco Holdings ( NLC), Tetra Tech ( TTEK), URS Corp. ( URS), Danaher ( DHR), Itron ( ITRI), and Lindsay Corp ( LNN).
Tetra which accomplishes the same result.
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Tetra-Pak that holds about three servings.
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"If you think about it from the standpoint of a winery, you can get the same amount of wine in 40% fewer trucks in our packaging, compared to glass bottles, " explains Ed Klein, Tetra Pak's VP of public and environment affairs.
Monti killed that deal on a theory called conglomeratization: By buying a maker of machinery that produces rival plastic bottles, Tetra Laval could in a few years leverage its lead position in cartons to also control plastic alternatives (glass bottles and tin cans are the packaging products still out of Tetra Laval's reach).
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