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Reckitt Benckiser, Hypermarcas would hold more than 50 percent of Brazil's market for lubricants, condoms, rivals say

By Ana Paula Candil ( April 22, 2016, 16:19 GMT | Insight) -- Rivals Laboratório Teuto Brasileiro and Blowtex have told Brazilian antitrust officials that the combined market share of Reckitt Benckiser and Hypermarcas for lubricants and condoms after their deal would be higher than 50 percent. The notification of Reckitt’s acquisition of Hypermarcas’ brands Olla, Jontex and Lovetex hasn’t been formally accepted yet, but the antitrust agency has already started the review of the case to speed up the analysis.Rivals Laboratório Teuto Brasileiro and Blowtex have told Brazilian antitrust officials that the combined market share of Reckitt Benckiser and Hypermarcas for lubricants and condoms after their deal would be higher than 50 percent. ...

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