US: Keurig faces antitrust suit for abuse of monopoly power

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

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