Red Bull GmbH lost a European Union court fight against antitrust raids on its premises as part of a probe into a suspected illegal cartel.
Judges at the EU’s General Court in Luxembourg tossed out a challenge against the 2023 inspections, saying competition regulators from the European Commission had acted within their rights.
Read More: Red Bull Owners Prop up Riches With Dividend as Profit Drops
Red Bull’s Austrian headquarters were among those targeted by EU regulators in 2023, on the heels of a protracted period of pandemic-era success. After the announced inspections, the company slammed the EU scrutiny ...
