Business

MARKET MOVERS

Competition brewing for Green Mt.

Herb Swanson/Bloomberg

Green Mountain will lose the main patents on its K-Cups in the fall. Rivals, including Esio Beverage Co., have started to emerge.

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Green Mountain Coffee Roasters Inc., facing an increasing number of rivals for its Keurig machines, fell the most in almost four months after Starbucks Corp. unveiled plans to sell a single-cup coffee system. The Verismo will make espresso-based beverages and brewed coffee, Starbucks said. Last year, Starbucks signed a deal with Green Mountain to sell K-Cup capsules for the Keurig. In September, the Vermont-based company will lose the main patents on its K-Cups, the coffee pods that helped make it the largest player in the US single-serve coffee market.

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