EU antitrust regulators raid energy drinks company

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BRUSSELS : EU antitrust regulators have raided a company active in the energy drinks sector in several EU countries on suspicion of taking part in a cartel and also abusing its dominance, the European Commission said on Tuesday.Austrian energy drinks maker Red Bull confirmed that its premises had been sea

BRUSSELS : EU antitrust regulators have raided a company active in the energy drinks sector in several EU countries on suspicion of taking part in a cartel and also abusing its dominance, the European Commission said on Tuesday.

The EU executive, which also acts as the competition watchdog in the 27-country bloc, said the raids took place on Monday. It did not name the company or the countries where the raids occurred in line with its policy.

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