Coke to alter sales methods in Europe
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BRUSSELS -- Coca-Cola agreed Tuesday to dramatically change the way it sells soft drinks in Europe, ending a five-year investigation into allegations that Coke abused its power to keep rivals out of the market.
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More cocaine is taken in the UK than in almost every other European Union country, a study finds.
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The European Union is moving closer to settling its long-running antitrust case against Coca-Cola Co., having judged the beverage giant&#39;s offer to modify distribution
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The European Commission said Coca-Cola on Tuesday had offered a range of commitments that should be enough to conclude a long-running antitrust case.
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The changes include an end to exclusivity arrangements with stores or restaurants, while allowing Coca-Cola to avoid a fine and potentially years of continued legal wrangling.
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YORK, UK, Jun 29 (IPS) - African farmers could soon find themselves forced  out of the lucrative European market for agricultural products as  retailers and government move towards a zero tolerance policy on  chemical residues in food.
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The Coca-Cola Co. has agreed to change sales practices that helped it win roughly half of the soft drink market in Europe as part of a settlement of a long-running antitrust investigation by the European Union.
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Coca Cola says it will allow retailers to stock rival drinks in its branded coolers as part of a deal with EU anti-trust watchdogs.
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The European Union was ready to announce a settlement Tuesday of its long-running antitrust case against The Coca-Cola Co. after the beverage giant agreed to modify its sales practices in Europe, sources close to the talks said.
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Coca-Cola Co., said its second-half earnings will decline because of sluggish sales in North America and Europe. Its shares are traded at the lowest level since May 2003.
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Coca-Cola warned that its earnings will fall short of forecasts, pointing to competition in North America and poor weather in Europe.
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Coca-Cola Co. KO.N on Thursday  reported a 24 percent drop in third-quarter net income due to  weak sales of its soft drinks, juices and bottled waters in  Germany, North America and other key markets.
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Coca-Cola Enterprises, the largest bottler of Coca-Cola, said yesterday that it planned to cut about 3,500 jobs, or 5 percent of its global work force, after taking a $2.9 billion impairment charge in 2006.
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The Coca-Cola Co. (KO.N: Quote, Profile, Research) reached an agreement with the European Commission on Tuesday to settle a five-year antitrust case that
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The Coca-Cola bottling company has begun a consultation process on moving its two operations in Ireland into one single production and warehousing site.
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Coca-Cola Co., the world's largest  soft drink maker, said on Friday it plans to launch non-diet  Coca-Cola with Lime in the United States in the first quarter  of 2005.
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Apple will soon announce steps to  resolve European Commission charges that its iTunes stores  broke EU rules by setting prices country by country in Europe,  people familiar with the situation said on Tuesday.