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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
  1. MY marketing year
  2. Source: adapted from (Areté srl Research and Consulting in Economics, 2012)