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Investigations looking into whether the so-called “car cartel” entered into illegal arrangements and thus breached antitrust law are currently underway. Should this be the case, the cartel members should anticipate heavy fines. Whether the car manufacturers have actually violated antitrust law needs to be clarified by the competition watchdogs. This process may drag on. If […]
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Market Highlights: Globally, there has been increase in demand for caramel due to its versatility in applications. Its end use markets have widened up in confectionery to bakery foods and beverages due to its unique taste and appealing brown color. In-addition its preference has even extended from the traditional usage in food and beverage industries […]