Competition

By ETCO
22/11/2005

Source: Folha de São Paulo, 18/11/2005

Unilever and Nestlé are two of the new members of Etco (Brazilian Institute of Competition Ethics). Concerned with the advance of informality in the ice cream market -it is estimated that the participation of this "segment" is between 35% and 38% -, the operations in the country of the two multinationals will participate in the preparation of a study to analyze the impact of practices such as tax evasion and unfair competition in the sector and evaluate actions to be taken.