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Nigeria’s Federal Competition and Consumer Protection Commission, FCCPC, has indicted Coca-Cola Nigeria Limited and Nigerian Bottling Company for alleged misleading trade descriptions and unfair marketing tactics in their products, using ‘Original Taste, less Sugar’.
In a statement released on Thursday, the commission found Coca-Cola Nigeria and NBC guilty in violation of section 116 of the FCCPC Act as well as section 124 1(a) of the Commission’s Establishment Act.
Detailing the accusation of years of investigation, FCCPC said Coca-Cola Nigeria Ltd and NBC were guilty of deceiving the public by describing the variant of its Coca-Cola ‘Original Taste, Less Sugar’ as the same as its ‘Original Taste’ variant in terms of formulation.
The Commission stressed that the issue of Abuse of Dominance and the appropriate penalty under the FCCPA and Administrative Penalties Regulation 2020 (APR) have been reserved for further regulatory action, with penalties to be imposed in due course.
Coca-Cola has yet to react to the accusation as of the time of filing this report.
Operatives of the Edo State Police Command have arrested five suspected kidnappers for the alleged murder of 29-year-old Smart Nwashiri after collecting a ransom of N200,000. The Commissioner of Police, Funsho Adegboye, disclosed this while parading the suspects—Goodluck Ojieh (37, gang leader), Lucky Enagbonmien (37), Victory Okoro (32), Sunday Ernest (32), and Daniel Udi (29)—before the media in Benin City. The suspects, who are from Delta State but reside in […]
Wives of Nigeria Governors Forum have resolved to keep up the fight against sexual and gender-based violence in their various states. This was contained in a communiqué issued after a closed-door meeting at the Centenary City, New Government House, Abakaliki, on Thursday, which was read by their Chairperson and First […]
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