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Commission fines Coca Cola

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  • Commission fines Coca Cola

    Armenpress

    COMMISSION FINES COCA COLA

    YEREVAN, SEPTEMBER 14, ARMENPRESS: A government commission for protection
    of economic competition has ruled to fine Coca Cola Hellenic Bottling
    Company Armenia in the amount of one percent of its last year's profits.
    The decision followed a complaint from Jermuk Group, the exclusive
    representative of Pepsi Cola in Armenia that Coca Cola was threatening trade
    kiosks and shop owners to take away its refrigerators if they install also
    Pepsi Cola refrigerators.
    The commission said today it had asked Coca Cola two months ago to drop
    these threats, but its letter remained unanswered. It also said its decision
    was backed by findings of a survey among shop and kiosk owners.
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