Mars and Wrigley
...anti-trust laws which prohibit them from forming a cartel and hence skewing the market forces (University of the Pacific, ‘Antitrust Law’). 4
Answer to Question 2 4
Wrigley had acquired Kraft’s confectionaries, which had been operating at a wide profit margin, back in 2005. The potentials of Wrigley undoubtedly went up following the acquisition which was why Berkshire Hathaway, the investment firm owned by Warren Buffett, was convinced about the recent deal between Mars and Wrigley (Barr... . Previously, Cadbury had been the only player in the US food sector which had excelled in the production of confectionaries, beverages, pet foods, etc. However, one more name had been added to the list in...