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| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2244 |
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This was especially true of foreign imports within the United States. However, the defeat of France’s wine producers by California brands during a 1976 French wine-tasting competition also opened the possibility for other nations’ wines to compete with the “Old Worldâ€.
Although the international trade barriers were becoming less restrictive, alcoholic beverage producers still faced a bevy of legal preconditions when engaging in geographically different markets...
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Conglomerates like Diageo were continuously under the scrutiny of anti-trust legislation to prevent the concentration of market power whenever they agreed to acquisitions or mergers. Anti-trust cases against conglomerates could involve several nations with varying legal frameworks. The political views toward wine, beer, and spirit producers could also present problems within certain cultures...
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General points of the essay
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