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Snow Brand Milk Products Company
, formerly is one of the largest dairy companies in Japan. In 2000, more than 14,000 people got sick from old milk sold by Snow Brand contaminated with the staphylococcus aureus bacteria, the worst case of food poisoning in Japan. A criminal probe into the company led to some senior managers being charged with professional negligence. Two were convicted, and were given suspended sentences. The company was criticized for failing to recall their product quickly. In January 2003, the company merged with two farm organizations, the National Federation of Agricultural Cooperative Associations and the National Federation of Dairy Cooperative Associations as the Nippon Milk Community Co. and eventually rebranded as the Megmilk Snow Brand Company. References External links Megmilk Snow Brand Co., Ltd. (Japanese)Megmilk Snow Brand Co., Ltd. (Company information in English) {{Authority control Food and drink companies of Japan Dairy products companies of Japan Food and drink c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
