Coca-Cola: arbitrator has ruled in dispute with Monster

(CercleFinance.com) - An arbitration tribunal in the United States has ruled in favour of Coca-Cola as part of a dispute that started last year with energy drink maker Monster Beverage.


Under the ruling, Coca-Cola can continue to sell and distribute Coca-Cola Energy products, including in markets where the brand has already been launched.

Coca-Cola is also free to launch the product in additional markets globally, as allowed under the terms of a contract between the companies.

The arbitrators ruled that Coca-Cola Energy products fall within an exception to a non-compete clause relating to beverages marketed or positioned under the Coca-Cola brand.

The companies said they respect the arbitrators' decision and say that the dispute has now been resolved "amicably."

Coca-Cola shares were trading 0.7% higher on Monday morning, while the Monster Beverage was up 0.2%.

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