Coca-Cola is facing antitrust scrutiny from the Common Market for Eastern and Southern Africa (COMESA) Competition Commission and the Competition Authority of Kenya for allegedly engaging in restrictive distribution agreements. These agreements are suspected of violating antitrust regulations within the region.
The investigations focus on whether Coca-Cola's distribution practices unfairly limit competition and harm other businesses. The specific details of the alleged restrictive agreements have not been fully disclosed, but regulators are examining the terms and conditions under which Coca-Cola products are distributed to retailers and other outlets.
In related news, Espar reached a multi-million dollar settlement to resolve claims of colluding to fix the price of vehicle parking heaters. Separately, Sika, a specialty chemicals company, received a rare Phase II conditional clearance in Peru, indicating regulatory approval with specific conditions attached.
