EC suspected Red Bull of violating antitrust laws
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European Commission antitrust investigators have suspected energy drink maker Red Bull of violating EU antitrust rules. transmits AFP agency.
“We will, of course, work with them on all issues that concern them,” the company said. Red Bull confirmed that representatives of the European Commission “visited the premises” on March 20.
The first international legal norms of the EU antimonopoly law appeared in 1957. There are four main areas of competition protection in EU law: prohibition of cartel agreements, prohibition of abuse of dominant position, control over mergers of enterprises, control over the provision of state aid.
Red Bull is suspected of abuse of dominance. An enterprise dominates the market if it has the ability to apply independent market behavior strategies, that is, if the enterprise has the ability to behave uncontrolled by competition, the EU legislation states.
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