EU raids energy drink maker Red Bull in antitrust probe ...Middle East

BRUSSELS: EU antitrust investigators have raided energy drink maker Red Bull over suspicions it abused its dominance in the wildly popular market, officials said Tuesday.Red Bull said EU Commission officials “visited our premises” on Monday.“We will, of course, work with them on all matters that concern them,“ the company said in a statement, declining to comment further.The EU’s executive arm said earlier its teams carried out unannounced inspections Monday “at the premises of a company active in the energy drinks sector in various member states”.It did not name the company nor say in which countries investigators -- joined by competition authorities of each member state affected -- had con

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Last updated : 21 March 2023 clock 05:36 PM

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EU raids energy drink maker Red Bull in antitrust probe ...Middle East

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