The CMA investigated the proposed transaction between The Coca-Cola Company (TCCC) and Monster Beverages Corporation (Monster), whereby TCCC acquires a minority shareholding in Monster and Monster acquires all of the assets relating to TCCC energy drinks portfolio.
|Phase 1 date||Action|
|6 January 2015||Decision published|
|22 December 2014||Decision announced|
|5 December to 19 December 2014||Invitation to comment|
22 December 2014: The CMA has decided that the proposed transaction between The Coca-Cola Company and Monster Beverages Corporation does not qualify for investigation under the merger provisions of the Enterprise Act 2002. The full text of the decision is available below:
- Full text decision (6.1.15)
Invitation to comment: Now closed
5 December 2014: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that the proposed transaction whereby TCCC acquires a minority shareholding in Monster and Monster acquires all of the assets relating to TCCC’s energy drinks portfolio, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.
Please send written representations about any competition issues to:
Competition and Markets Authority
Published: 9 December 2014
Updated: 6 January 2015
Opened: 5 December 2014
Closed: 6 January 2015
- Full text of the decision published.
- Found not to qualify decision announced.
- First published.