EU: Coke and EC set to discuss probe - report
Coca-Cola and the European Commission are to meet to discuss the EC's five-year probe of the company's rebate and distribution practices, according to press reports. The National Post said today that talks are expected to begin in the next few weeks.
The commission held a closed-door meeting about the issue in December last year. Although it has yet to bring charges, the Post wrote that the EC is planning to act against the company's German operations by June.
Both sides are thought to favour a settlement before charges are brought, the paper said, although no formal negotiations have taken place between them yet.
Sectors: Soft drinks
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