The Department of Foreign Affairs and Trade has said it is ''closely'' monitoring developments in Venezuela, where the socialist government of Nicolas Maduro has taken over Smurfit Kappa Group's local subsidiary, accusing the company of using its dominant market position to inflate prices.
In what both the Venezuelan government and the company called a "temporary'' intervention in the running of the company, government officials arrived last weekend to begin an inspection of SKG's taxes, costs,...
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