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Diageo to pay “settlement” after Africa anti-competition probe
Yahoo Finance· 2025-10-13 21:56
Diageo has agreed to pay a "settlement" of $750,000 in Africa following a probe into anti-competitive business practices. The Common Market for Eastern and Southern Africa (COMESA) Competition Commission launched an investigation into Diageo, alongside Heineken, Castel and Anheuser-Busch InBev, in 2021, regarding the "market allocation arrangements" and "territorial restrictions" the companies were alleged to have had. In its notice at the time, the competition authority said it was concerned the arrange ...