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Does LVMH Rule the Champagne Market?

Christina Passariello has an interesting WSJ article today on LVMH's Champagne business, explaining at some length how the French luxury-goods giant sources all the grapes it needs to be the world's biggest Champagne merchant.

I do worry, though, that in order to justify the story's front-page placement, the WSJ overstated LVMH's dominance of the Champagne industry. Here's how the story starts:

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