Release by the Federal Competition and Consumer Protection Commission (FCCPC) on the business practices between Coca-Cola Nig Ltd and Nigerian Bottling Company (NBC) on Thursday 1 August, 2024.
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| FCCPC investigates Coca-Cola Nig Ltd and Nigerian Bottling Company (NBC) business practices |
According to the release, the FCCPC disclosed, “by December 2020, the commission was convinced based on the evidence, that Coca-Cola and NBC on multiple occasions and counts violated, and remained in violation of the FCCPA, particularly with respect to transparency and clear disclosure obligations to their product patrons, intentional communications in describing their Coca-Cola “original taste, less sugar” variant as one and the same, as well as unchanged, when in actual fact, same had indeed changed, was different, differently formulated and not the same as their otherwise “classic, or “original taste”.”
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