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.