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Crown submits economic opinion in opposition to Ball-Rexam deal in Brazil

By Flavia Fortes ( July 31, 2015, 22:05 GMT | Insight) -- Crown Embalagens Metálicas da Amazônia has submitted an economics consulting firm's opinion on the negative effects of Ball’s acquisition of rival Rexam to the Brazilian competition authority.The analysis from GO Associados concludes that entry into the Brazilian market is difficult, the transaction will directly harm rivalry, and there is a high probability that the beverage can makers will exercise market power after the transaction. Therefore, it advises, the deal shouldn’t be approved.Crown Embalagens Metálicas da Amazônia has submitted an economics consulting firm's opinion on the negative effects of Ball’s acquisition of rival Rexam to the Brazilian competition authority....

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