Keurig Green Mountain is driving up prices and abusing its monopoly power over single-serve brewing devices and cups, according to an antitrust lawsuit filed in the US District Court for the Southern District of New York.
Food and beverage distributor McLane claims that because of Keurig’s anticompetitive behavior, it was overcharged on more than US$1.5 billion worth of K-Cups it purchased from Keurig and its licensees; J.M. Smucker and Starbucks Coffee.
In late 2017, a federal court rejected a request by Keurig to dismiss multiple lawsuits charging that it had unfairly monopolize the market for single-serve “K-Cups” used in its popular coffee brewing machines.
Full Content: Bloomberg
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
ConocoPhillips Acquires Marathon Oil for $22.5 Billion in Major Energy Sector Consolidation
May 29, 2024 by
CPI
Judge Denies Amazon’s Bid to Dismiss FTC Lawsuit Over Prime Membership Practices
May 29, 2024 by
CPI
Germany and France Advocate for Major EU Competition Reform
May 29, 2024 by
CPI
Equifax Accused of Monopolizing Employment Verification Market in New Suit
May 29, 2024 by
CPI
Car Battery Makers to Challenge EU Cartel Charges in Brussels
May 29, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI