Coca-Cola free to sell energy drink under Monster contract: Arbitration panel

[July 01, 2019]  (Reuters) - Coca-Cola Co <KO.N> said on Monday an arbitration tribunal informed the beverage maker that it could sell its energy drink under the terms of the contract with Monster Beverage Corp <MNST.O>.

The soda maker was in arbitration with Monster Beverage over the launch of Coca-Cola Energy, as it would put the company in direct competition with Monster and violate their initial agreement in 2015.

(Reporting by Nivedita Balu in Bengaluru)

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