The Competition Council, chaired by Vice President Chaimae Abbou, convened on Wednesday, February 5, to review cases submitted by the investigation services. By the end of the session, the Council gave the green light to Amcor Plc’s acquisition of Berry Global Group Inc., a landmark $8.4 billion merger.
This approval is part of a series of regulatory endorsements worldwide, including one recently secured from Brazilian authorities. Several other jurisdictions, including the United States, Canada, China, and Turkey, are still reviewing the deal before the merger can be finalized.
Amcor Plc, a global leader in flexible and plastic packaging, and Berry Global, a major player in industrial and consumer packaging, both serve critical sectors such as food and beverages, pharmaceuticals, and cosmetics. Their union is expected to have a significant impact on global competition in the packaging industry.
In Morocco, the packaging sector is expanding rapidly, driven by the rise of agro-industrial exports and the booming e-commerce industry. The Competition Council’s decision follows a thorough analysis of how this merger might affect local businesses and market dynamics. The Council’s objective was to ensure that competition remains healthy while also opening up new economic opportunities for the Moroccan market.
This merger could potentially benefit Moroccan companies by providing access to innovative packaging solutions, which are increasingly in demand as industries evolve and exports increase. However, regulatory bodies will continue to monitor market conditions to prevent monopolistic practices and protect smaller players.