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AN HERBAL TEA PARTY GETS A BITTER RESPONSE.

Authors :
Atkinson, Sandra D.
Source :
BusinessWeek; 6/20/88, Issue 3057, p52-52, 4/5p
Publication Year :
1988

Abstract

The article reports on the suit filed by R.C. Bigelow Inc. in the U.S. District Court in New Haven, Connecticut against Celestial Seasonings Inc. about the herbal tea monopoly. Kraft as Celestial's parent, seeks to sell the firm to Unilever's Thomas J. Lipton Inc., which brings fears to Bigelow claiming that it has only 15% herbal tea market, while Celestial has 50% and Lipton has 31%. The court and the Federal Trade Commission will decide whether Celestial-Lipton monopoly are justified.

Details

Language :
English
ISSN :
00077135
Issue :
3057
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
18815844