EU to announce settlement of antitrust case with Coca-Cola

The European Union was ready to announce a settlement of its long-running antitrust case against The Coca-Cola Co after the beverage giant agreed to modify its sales practices in Europe, sources close to the talks said today.

EU regulators are planning to use a new legal tool at their disposal, a so-called settlement decision, which makes the commitments the company agrees to more binding and enforceable in national courts, the sources said.