Cornucopia’s Take: Knowledgeable organic industry observer looks at Cornucopia’s call for the blocking of the Danone-WhiteWave merger.
In response to the recent announcement that Group Danone would purchase WhiteWave for more than $10 billion, organic industry watchdog group, The Cornucopia Institute, has filed complaints with the Department of Justice and the Federal Trade Commission citing the merger as a threat to U.S. organic dairy producers. The group has also launched a consumer petition urging federal authorities to investigate the merger.
In 2004, Group Danone, the French dairy conglomerate, which owns numerous conventional dairy brands including Activia, Oikos, and Dannon, purchased Stonyfield Yogurt, the largest organic yogurt brand in the world. And the acquisition of WhiteWave would bring Horizon, the largest U.S. organic dairy brand, under Danone’s umbrella as well, in a move The Cornucopia Institute says “will have a chilling impact on both competition in the consumer marketplace and the wholesale market for organic milk.” Read Full Article »