July 1, 2019 / 12:49 PM / 2 months ago

REFILE-Coca-Cola free to sell energy drink under Monster contract - Arbitration panel

(Corects typo in headline)

July 1 (Reuters) - Coca-Cola Co said on Monday an arbitration tribunal informed the beverage maker that it could sell its energy drink under the terms of the contract with Monster Beverage Corp.

The soda maker was in arbitration with Monster Beverage over the launch of Coca-Cola Energy, as it would put the company in direct competition with Monster and violate their initial agreement in 2015.

Reporting by Nivedita Balu in Bengaluru

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