Table 2 Timeline of relevant policy changes and firm strategy events
From: The effect of EU 2006 sugar regime reform on vertical price transmission
Date | Relevant events in: | Date | Relevant events in: | ||||
|---|---|---|---|---|---|---|---|
Policy changes (VPT) | Structural change (CAP and concentration) | EU sugar trade (HPT) | Policy changes (VPT) | Structural change (CAP and concentration) | EU sugar trade (HPT) | ||
January 1995 | Marrakesh agreements take effect; creation of WTO; Austria, Finland and Sweden access EU | July 2006 | Start of 1st sugar MY under the reformed regime 1st stage in reduction of the sugar beet minimum price and sugar intervention price Establishment of an EU sugar restructuring fund | Start of 1st sugar MY under the reformed regime 1st stage in reduction of the sugar beet minimum price and sugar intervention price | |||
July 2001 | Start of sugar 1st MY under the 1st EBA sugar regime | ||||||
May 2002 | De-merger of Eridania Bèghin-Say | ||||||
July 2002 | 1st sugar MY under the “Balkan initiative” | October 2007 | Start of 1st sugar MY with 27 MS 2nd stage in reduction of sugar beet minimum prices | Start of 1st sugar MY with 27 MS 2nd stage in reduction of sugar beet minimum prices | |||
January 2003 | Takeover of Beghin-Say by Union SDA finalised | ||||||
July 2003 | First campaign of EU wide-full integration of activities between Sudzucker and Saint Louise Sucre | October 2008 (not relevant for concentration analysis) | 3rd stage in reduction of sugar beet price 2nd stage in reduction of sugar intervention price | ||||
July 2004 | Start of 1st sugar MY with 25 MS | Start of 1st sugar MY with 25 MS | |||||
July 2005 | 1st sugar MY under the reformed “Balkan initiative” | March 2009 | Takeover of Danisco by NordZucher finalised | ||||
November 2005 | Political agreement on the reform of the EU sugar regime reached | Political agreement on the reform of the EU sugar regime reached | April 2009 | Takeover of Azucarera Ebro by ABF-British Sugar finalised | |||
March 2006 | Publication of the reform implementing regulations on the EU Official Journal | Publication of the reform implementing regulations on the EU Official Journal | January 2010 | Termination of the Eurosugar marketing agreement | |||
June 2006 | Formation of Eurosugar marketing alliance | October 2010 | Termination of intervention on sugar | Termination of intervention on sugar | |||