4 days ago
Turkey's antitrust authority opens probe of Coca-Cola over possible competition violation
ANKARA, June 10 (Reuters) - The Turkish Competition Board said on Tuesday it had opened an investigation into Coca-Cola (KO.N), opens new tab to determine whether the company violated Turkey's competition law.
In a statement, the competition board said that an investigation into Coca-Cola was launched after initial findings of suspicions that the soft-drinks giant had implemented practices aimed at preventing and obstructing the sales of its competitors at its sales points.
The investigation will also examine whether Coca-Cola complied with the commitments it submitted to the board in 2021, the statement also said.
Coca-Cola did not immediately respond to a Reuters request for comment.
