Diageo loses parallel import fine challenge
12 May 2008
Emma Barraclough, London
UK drinks group Diageo has failed to persuade a court in Bulgaria to overturn a fine imposed on it by the country’s competition watchdog after it tried to stop a local parallel trading company from selling cut-price whisky and liqueurs
On April 23, the Supreme Administrative Court of Bulgaria ruled that the claims of Diageo Brands and subsidiaries Justerini and Brooks Limited and R and A Bailey & Co against a 2006 decision by the Commission for the Protection of Competition were unfounded.
The Bulgarian competition watchdog had fined...
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