Red Bull Loses EU Court Fight Over Antitrust Dawn Raids

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 ...