BACARDI GIVES ASSURANCES ON EXCLUSIVITY

30 Jan 2003 11:15 AM

Bacardi-Martini Limited has given the OFT assurances that it will not enter into or maintain certain types of agreement with on-trade retailers (licensed outlets selling drink for consumption on the premises, such as pubs and restaurants).

The agreements covered are those which, according to the OFT, have the effect of excluding other makes of white rum from on-trade outlets in favour of Bacardi's 'Carta Blanca'. These agreements have been the subject of an extensive investigation by the OFT under the Competition Act 1998. In the light of the assurances, the OFT has closed its investigation. The OFT's decision to close its investigation into the agreements was taken in the light of Bacardi's change in behaviour and the OFT's other casework priorities.

John Vickers, Director General of Fair Trading said:
'The assurances remove the competition problem that prompted the investigation and should widen competition opportunities in the market. It would not be appropriate, in the circumstances of this case, to devote more resources to it.'

NOTES

1. The types of agreement covered by Bacardi's assurances are annexed to this press release.

2. The OFT's investigation into Bacardi under the Competition Act 1998 started on 13 June 2000. On 28 June 2002 Bacardi was given written notice that the Director General proposed to make a decision under the Act that Bacardi had behaved anti-competitively, infringing UK competition law (see press notice 38/02).

3. The OFT believes that there continue to be reasonable grounds for suspecting that there was an infringement from March 2000 and during the period of the investigation. Bacardi has rejected this view and has given the assurances without prejudice to its position. Bacardi considers that the factual and economic evidence on the OFT's file shows that Bacardi is not in a dominant position.

4. Powers under the Competition Act 1998

The Act gives the OFT powers to investigate suspected infringements of the Act's prohibitions:

i) Chapter I prohibits agreements between undertakings, decisions by associations of undertakings or concerted practices which have the object or effect of preventing, restricting or distorting competition in the UK (or any part of it) and which may affect trade within the UK (or any part of it.

ii) Chapter II prohibits conduct by one or more undertakings which amounts to the abuse of a dominant position in a market which may affect trade within the UK (or any part of it).

5. In this press release the functions of the Director General of Fair Trading (DGFT) under the Act are for simplicity described as the functions of 'the OFT'. The Enterprise Act 2002 will replace the office of the DGFT with the OFT, to which will be transferred the DGFT's functions. The relevant provisions of the Enterprise Act are not yet in force.

ANNEXE

Voluntary Assurances given by Bacardi-Martini Limited to the Director General of Fair Trading on 28/01/03 (See OFT press release 10/03) Definitions

In these assurances:

"Bacardi" means: Bacardi-Martini Limited

The "Director" means: the Director General of Fair Trading

"Retailer" means: a person that sells alcoholic spirit drinks to consumers in retail premises and is licensed to sell such drinks for consumption in or on those premises, other than the holder of an occasional licence

"Promotional Support Arrangements" agreements with retailers under which a brand owner provides assistance to the retailer in the promotion of the brand owner's product to customers in the retailer's premises

"Solus" status means: where the retailer agrees that the producer's branded product will be the only brand within the relevant product type stocked or offered for sale in the retail premises

"Solus Pouring" status means: where the retailer agrees that the producer's branded product will be the only brand that is served to customers who do not specify a brand within the relevant product type

"Solus Optic" status means: where the retailer agrees that the producer's branded product will be the only brand within the relevant product type displayed on optic in the retail premises without any other stipulations as to display or status

"White Rum Products" means: clear, colourless, full strength rum made from sugar cane (molasses) or equivalent materials, distilled at under 96 degrees centigrade, aided by repeated charcoal filtration to remove impurities

De-Listing

1. Bacardi will not conclude Promotional Support Arrangements with Retailers which contain terms that require any specified White Rum Products of competitors to be excluded from the retail premises in question.

Solus

2. Bacardi will not conclude Promotional Support Arrangements with Retailers which contain terms that require the Retailer to grant Solus status to Bacardi for its White Rum Products. Should Bacardi be asked to or wish to compete for relevant business on terms providing for Solus status it will wish to discuss the issue with the Office with a view to seeing whether that is justified in the particular circumstances.

Solus Pouring

3. Subject to the exception set out in paragraph 6 below, Bacardi will not conclude Promotional Support Arrangements with Retailers which contain terms that require the Retailer to grant Solus Pouring status to Bacardi for its White Rum Products.

Solus Optic

4. Subject to the exception set out in paragraph 6 below, Bacardi will not conclude Promotional Support Arrangements with Retailers which contain terms that require the Retailer to grant Solus Optic status to Bacardi for its White Rum Products.

Duration

5. Any contractual commitment covered by paragraphs 3 and 4 above will normally not exceed one year in duration or will provide for termination after one year or less; no Promotional Support Arrangement will be made for a term exceeding two years.

Exception

6. Subject to the limitations on duration set out in paragraph 5 above, Bacardi may conclude Promotional Support Arrangements with Retailers including Solus Pouring or Solus Optic status for its White Rum Products where a Retailer

(a) includes an express requirement for suppliers to offer Promotional Support Arrangements including Solus Pouring or Solus Optic status in the context of a tender process involving other spirits suppliers; and

(b) Bacardi would, on a reasonable and objective assessment, risk having its White Rum Products excluded from the retail premises in question if it failed to comply with the Retailer's requirements.

Duration of Assurances

7. These assurances shall apply from the date on which they are signed by Bacardi. Bacardi will notify the Director in writing if it intends to withdraw the assurances in whole or in part.

press notices: xt. 8993 http://www.oft.gov.uk

PUBLIC enquiries: 0845 7224499 enquiries@oft.gov.uk OFT reports and consumer information leaflets are available free from: OFT, PO Box 366, Hayes UB3 1XB 0870 6060321 oft@eclogistics.co.uk