Coca Cola in EU antitrust regulators’ line of sight

Coca Cola in EU antitrust regulators’ line of sight

EU antitrust regulators have commenced preliminary examination concerning Coca Cola Co, the European Commission said on Friday.

“We can affirm that the Commission has conducted surveys, as a component of its preliminary examination concerning Coca Cola,” a Commission representative said.

“The fundamental examination is progressing. We can’t remark on or anticipate its planning or result,” she said, declining to give further details.

Coca Cola said it got a standard request for data on Thursday.

“While we will co-work completely with the Commission, it would be unseemly for us to remark further while the interaction is on-going. We keep European competition law, just as other pertinent laws and guideline,” a Coca Cola representative said.

Lobbying group EuroCommerce, whose members include Carrefour, Ikea and Tesco said the business practices of some huge worldwide brands were a worry to retailers and wholesalers.

“We have for a long time highlighted the issues our area faces with the producers of ‘must-have’ items utilizing their market ability to force one-sided conditions and limit rivalry for their potential benefit,” EuroCommerce Director General Christian Verschueren said in a release.

German media Lebensmittelzeitung was quick to report about the EU examination.

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