Coca-Cola Targeted in EU Antitrust Probe, Bloomberg Says, Citing Sources

Dow Jones03-26
 

--Coca-Cola's European business was targeted by a European Commission antitrust raid earlier this month, Bloomberg says, citing unnamed sources.

--The people didn't specify whether the officials were inspecting the company's main business or its bottling partners, Bloomberg reports.

--The European Union's executive arm said on March 10 that it is carrying out inspections at premises of nonalcoholic drinks companies in several member states over potential violations of competition law, Bloomberg reports.

--Neither Coca-Cola nor its European bottling partners Coca-Cola HBC and Coca-Cola Europacific Partners Plc responded to requests for comment, according to Bloomberg.

 

Full story: https://shorturl.at/6lMFc

 

Write to Edith Hancock at edith.hancock@wsj.com

 

(END) Dow Jones Newswires

March 26, 2025 12:38 ET (16:38 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment