Red Bull raided

zeke458
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Youngstown, OH US
Edited Date/Time 3/21/2023 4:56pm
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Magoofan
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3/21/2023 11:22am

That sure looks like an awfully suspicious link that I ain't clicking.... no way, no how. 

How about maybe post up some details.....

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Roostermx58
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3/21/2023 11:24am

EU Watchdog Raids Energy Drinks Company, Red Bull

By

 CPI

 -

March 21, 2023

The European Union Competition Commission revealed on Tuesday that it had conducted a series of investigations at Red Bull, a global leader in the energy drink market.

According to Reuters, the raid focused on allegations that the firm was taking advantage of its dominant position to restrict competition in this area. They are now assessing those findings to determine whether Red Bull has violated EU antitrust regulations.

European Union antitrust investigators have raided the energy drink maker Red Bull over suspicions it abused its dominance in the wildly popular market, officials said Tuesday. “We will, of course, work with them on all matters that concern them,” the company said in a statement, declining to comment further.

The EU Commission reported Monday that it had performed unannounced inspections on various companies in the energy drink sector that are located across member states.

It did not name the company nor say in which countries investigators,  joined by competition authorities of each member state affected, had conducted raids. 

The Yoovidhya family of Thailand holds 51% of the shares in Red Bull, which is based in Fuschl-am-See in western Austria.

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Magoofan
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3/21/2023 11:41am Edited Date/Time 3/21/2023 11:44am

image-20230321114446-1

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TeamGreen
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3/21/2023 12:04pm

Meh…probably based on unsubstantiated bitching by other brands that can’t afford TWO Formula One Teams

Laughing

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The Shop

studworx
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3/21/2023 12:46pm
Magoofan wrote:

That sure looks like an awfully suspicious link that I ain't clicking.... no way, no how. 

How about maybe post up some details.....

A protected link suspicious? really?

mag250
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3/21/2023 12:49pm

 This guy........maybe...... Toto Wolff is Team Principal & CEO of the Mercedes-AMG PETRONAS F1 Team 

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3/21/2023 12:54pm

I guess I understand the suspicion, but this seems like a "this company is too successful, they must be doing something wrong" debacle.

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fourfourone
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3/21/2023 12:56pm

I guess I understand the suspicion, but this seems like a "this company is too successful, they must be doing something wrong" debacle.

That's how I read the article too. 

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LungButter
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3/21/2023 1:18pm
mag250 wrote:

 This guy........maybe...... Toto Wolff is Team Principal & CEO of the Mercedes-AMG PETRONAS F1 Team 

Was just watching some Drive To Survive last night, that guy seems like an uptight asshole.  But to be fair, so does the guy in charge of the RedBull Team.

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WTF_M8
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3/21/2023 1:30pm

Somebody at Red Bull miss gendered a they/them?

EU freaked!

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TeamGreen
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3/21/2023 2:43pm
WTF_M8 wrote:

Somebody at Red Bull miss gendered a they/them?

EU freaked!

That’s some funny shit. I can only laugh at the type of “terminally offended” people that are put out by it. 

Chromosomes Don’t Lie  

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Magoofan
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3/21/2023 3:11pm
TeamGreen wrote:

That’s some funny shit. I can only laugh at the type of “terminally offended” people that are put out by it. 

Chromosomes Don’t Lie  

You hurt my feeling.

I thumbs downed you.

Tongue

 

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TerryB
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3/21/2023 4:02pm
WTF_M8 wrote:

Somebody at Red Bull miss gendered a they/them?

EU freaked!

TeamGreen wrote:

That’s some funny shit. I can only laugh at the type of “terminally offended” people that are put out by it. 

Chromosomes Don’t Lie  

Political retribution.  Red Bull has been known for rejecting wokism.

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FahQ
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3/21/2023 4:11pm

This link brought to you by Monster Energy, proud supporter of Monster Energy News. A global Monster Energy partner and supporter of Monster Energy Supercross 

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TeamGreen
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3/21/2023 4:28pm
FahQ wrote:

This link brought to you by Monster Energy, proud supporter of Monster Energy News. A global Monster Energy partner and supporter of Monster Energy Supercross 

See? That’s funny! 

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TeamGreen
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3/21/2023 4:34pm
WTF_M8 wrote:

Somebody at Red Bull miss gendered a they/them?

EU freaked!

TeamGreen wrote:

That’s some funny shit. I can only laugh at the type of “terminally offended” people that are put out by it. 

Chromosomes Don’t Lie  

TerryB wrote:

Political retribution.  Red Bull has been known for rejecting wokism.

I’m always amazed at the number of SWCs that seem to fall for this insanity. 

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3/21/2023 4:45pm

Red Bull isn't woke, nor are they unwoke. They know their place and stay in their lane.

I don't care what "side" a company is on, as long as they don't try to educate or lecture anyone.

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YLLIBLLIH
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3/21/2023 6:23pm

The new guy at Red Bull that replaced the dude that died a while back, ain’t a Motorsport fan. Heard this on f1 race Sunday and that there is worry at the top of f1 teams.  
 

might see a Red Bull bicycle team killing it and Tour de France up the alp

Muttly
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3/21/2023 6:29pm

Energy drinks suck, all of them. I’ll stick to coffee.

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3/22/2023 5:14am
Muttly wrote:

Energy drinks suck, all of them. I’ll stick to coffee.

They aren't the best, but they sure dump a lot of money into these events and sponsorships. 

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mofomotojoe
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4/6/2023 2:50pm

How is this NON-Moto?

Monster Energy supercross brought to you by Monster Energy with Red Bull Athletes.... helloooo? Moto journalists? seems relevant enough

"BRUSSELS, March 29 (Reuters) - Energy drinks maker Monster Beverage Corp's MNST.O Monster Energy has accused Red Bull of targeting it with anti-competitive practices after Red Bull was raided by European Union antitrust regulators last week.

The European Commission, which acts as the competition enforcer in the 27-country bloc, said last week it had raided an energy drinks company on suspicion of taking part in a cartel and also abusing its dominance.

"Monster believes it has been the subject of Red Bull's anti-competitive tactics," the company told Reuters in an email.

"We are therefore not surprised by the Commission's decision to commence an investigation into Red Bull in multiple Member States under Articles 101 and 102. Monster Energy supports the Commission's inquiries."

Red Bull confirmed the EU raids, while declining to comment on Monster Energy's allegations.

"Officials of the EU Commission visited our premises on Monday 20 March. We will cooperate with them in any matters that may concern them. Any such matter is for the EU Commission and any requests for further information should be directed to them," a Red Bull spokesperson told Reuters."

article: https://www.nasdaq.com/articles/monster-energy-accuses-red-bull-of-targ…

 

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