EU carries out cartel inspections in energy drink sector


Reuters | Brussels | Updated: 21-03-2023 16:32 IST | Created: 21-03-2023 16:18 IST
EU carries out cartel inspections in energy drink sector
Representative image Image Credit: Pixabay
  • Country:
  • Belgium

The European Commission on Tuesday said it had started unannounced inspections at the premises of a company active in the energy drinks sector.

It said the unnamed company, which is active in various EU member states, might have violated EU antitrust rules that prohibit cartels and the abuse of dominant market positions.

Unannounced inspections are a preliminary step in an investigation into anticompetitive practices, and do not mean that the company is guilty, the commission said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback