Dominican Republic’s brewer Cervecería Nacional Dominicana (CND) responded to allegations issued by the National Commission for the Defense of Competition in its study entitled “Economic analysis on the conditions of competition of the beer market in the Dominican Republic”, in which the brewer is accused of resorting to anti-competitive practices.
“Reality demonstrates the opposite. The publicly available economic data show an increase in the market share of competing companies and the entry of new agents in the beer market. The distortion between the investigation and the reality of our business practices is the result of insufficient information with which the research was conducted,” the brewer declared in its statement.
The CND signed a merger agreement in 2012 with multinational AMBEV, which controls various brands in the country. The brewer has 20 days to present its defense before the regulator.
Full Content: Listin Diario & ProCompetencia
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Massachusetts AG Sues Insulin Makers and PBMs Over Alleged Price-Fixing Scheme
Jan 14, 2025 by
CPI
Apple and Amazon Avoid Mass Lawsuit in UK Over Alleged Collusion
Jan 14, 2025 by
CPI
Top Agent Network Drops Antitrust Suit Against National Association of Realtors
Jan 14, 2025 by
CPI
Weil, Gotshal & Manges Strengthens Antitrust Practice with New Partner
Jan 14, 2025 by
CPI
Russian Court Imposes Hefty Fine on Google for Non-Compliance with Content Removal Orders
Jan 14, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand