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Foo Yun Chee
Wed, Mar 26, 2025, 10:02 AM 1 min read
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By Foo Yun Chee
BRUSSELS (Reuters) - Coca Cola bottlers were raided by EU antitrust regulators earlier this month, a idiosyncratic with nonstop cognition of the substance said.
The European Commission announced the raids connected non-alcoholic drinks companies successful respective EU countries connected March 10 but did not sanction them. It cited concerns astir imaginable curbs connected the commercialized of goods crossed Europe and carving up markets, some amerciable nether EU rules against cartels and maltreatment of marketplace power.
The raids targeted Coca Cola bottlers, the idiosyncratic said, declining to supply details due to the fact that of the sensitivity of the matter.
The Commission declined to comment.
The Coca Cola Co and bottler Coca Cola HBC successful which the erstwhile holds a 21% stake, did not respond to repeated emailed requests for comment.
The EU contention enforcer had successful 2023 scrapped an probe into imaginable anti-competitive practices by The Coca-Cola Co and its bottlers, Coca-Cola Europacific Partners and Coca-Cola Hellenic owed to insufficient grounds for the case.
Companies hazard fines arsenic overmuch arsenic 10% of their planetary yearly revenues if recovered blameworthy of breaching EU antitrust rules.
Bloomberg archetypal reported the raids connected Coca Cola's business.
(Reporting by Foo Yun Chee; editing by David Evans)