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Stockreport

Coca Cola bottlers raided by EU antitrust regulators, source says [Yahoo! Finance]

Coca-Cola Company (The) (KO)  More Company Research Source: Yahoo! Finance
Last coca-cola company (the) earnings: 4/21 05:55 am Check Earnings Report
US:NYSE Investor Relations: coca-colacompany.com/investors
The European Commission announced the raids on non-alcoholic drinks companies in several EU countries on March 10 but did not name them. It cited concerns about possible curbs on the trade of goods across Europe and carving up markets, both illegal under EU rules against cartels and abuse of market power. The raids targeted Coca Cola bottlers, the person said, declining to provide details because of the sensitivity of the matter. The Commission declined to comment. The Coca Cola Co and bottler Coca Cola HBC in which the former holds a 21% stake, did not respond to repeated emailed requests for comment. The EU competition enforcer had in 2023 scrapped an investigation into potential anti-competitive practices by The Coca-Cola Co and its bottlers, Coca-Cola Europacific Partners and Coca-Cola Hellenic due to insufficient grounds for the case. Companies risk fines as much as 10% of their global annual revenues if found guilty of breaching EU antitrust rules. Bloomberg first r [Read more]

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Stockreport

Coca Cola bottlers raided by EU antitrust regulators, source says [Yahoo! Finance]

Coca-Cola Company (The)  (KO) 
Last coca-cola company (the) earnings: 4/21 05:55 am Check Earnings Report
US:NYSE Investor Relations: coca-colacompany.com/investors
The European Commission announced the raids on non-alcoholic drinks companies in several EU countries on March 10 but did not name them. It cited concerns about possible curbs on the trade of goods across Europe and carving up markets, both illegal under EU rules against cartels and abuse of market power. The raids targeted Coca Cola bottlers, the person said, declining to provide details because of the sensitivity of the matter. The Commission declined to comment. The Coca Cola Co and bottler Coca Cola HBC in which the former holds a 21% stake, did not respond to repeated emailed requests for comment. The EU competition enforcer had in 2023 scrapped an investigation into potential anti-competitive practices by The Coca-Cola Co and its bottlers, Coca-Cola Europacific Partners and Coca-Cola Hellenic due to insufficient grounds for the case. Companies risk fines as much as 10% of their global annual revenues if found guilty of breaching EU antitrust rules. Bloomberg first r [Read more]

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EVENT TIME:
KO
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS