Feature

Coke loses

The week's news at a glance.

Brussels

The European Union settled its antitrust case against Coca-Cola this week when the soft drink giant agreed to change its sales practices. Coke said it would stop contracting exclusivity agreements with stores and restaurants, and would no longer require that only Coca-Cola products be sold in Coke-branded store refrigerators. Both practices are common in the U.S., and they have helped the Atlanta-based company gain more than 50 percent of the soft drink market in Europe. E.U. Competition Commissioner Mario Monti said Europeans would now be able to choose sodas “on the basis of price and personal preferences, rather than pick up a Coca-Cola product because it’s the only one.”

Recommended

Omicron strain reaches U.K., Germany, Italy, and Czechia
airplane
It's spreading

Omicron strain reaches U.K., Germany, Italy, and Czechia

Planes from South Africa carrying COVID-positive passengers land in Amsterdam
schiphol airport
omicr-on a plane?

Planes from South Africa carrying COVID-positive passengers land in Amsterdam

10 things you need to know today: November 27, 2021
covid virus
Daily briefing

10 things you need to know today: November 27, 2021

China's politically revealing blockbusters
Chinese movies.
Picture of Joel MathisJoel Mathis

China's politically revealing blockbusters

Most Popular

7 cartoons about Thanksgiving inflation
Political Cartoon.
Feature

7 cartoons about Thanksgiving inflation

Who pays America's taxes?
Taxes.
Briefing

Who pays America's taxes?

Neal Stephenson recommends 6 books on information manipulation
Neal Stephenson.
Feature

Neal Stephenson recommends 6 books on information manipulation