UK: uvine.com's chairman blasts Champagne "cartels"

By Tom Munro | 29 January 2001

The global wine market is bracing itself for sweeping price reforms after it was announced today that national Champagne "cartels" had been "smashed" by the international wine stock exchange, uvine.com. While huge price inequality between individual nations has traditionally been sustained through the machinations of marketing chiefs, the stock exchange has opened the way for price equilibration.

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The global wine market is bracing itself for sweeping price reforms after it was announced today that national Champagne "cartels" had been "smashed" by the international wine stock exchange, uvine.com. While huge price inequality between individual nations has traditionally been sustained through the machinations of marketing chiefs, the stock exchange has opened the way for price equilibration.

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