Would you please paraphrase it?
Please look at this sentence:
"In 1999 the company was forced to withdraw Coke from the Belgian market following a contamination scare. The scare was dealt with quickly and efficiently, but it succeeded in attracting a great deal of attention. Around the same time the company had been involved variously in a discriminatory employment suit, an antitrust investigation in France and a failed attempt to buy the soft drink brand Orangina. The Belgian affair, exacerbated by some clumsy remarks by the then CEO, led analysts and investors to question the grip the Coca-Cola board had on its business..."
I can say I got nothing of what the company did inthe bold part! Would you please paraphrase it?
And there are two underlined phrases. What do they mean hear?
Regards,
Nesa
Top answer
In 1999 - the same year it was forced to withdraw Coke from the Belgian market because of a contamination scare - the Coca Cola company ("the company" apparently means the Coca Cola company) was involved in a discrimination lawsuit some of its employees, an anti-trust investigation in France (an anti-trust investigation is to determine if a company is trying to gain dominance a particular market by eliminating its competitors), and a failed attempt to buy the Orangia brand. The above problems, made worse by clumsy remarks by the then CEO of the company, led financial analysts and investors in Coca Cola stock to question if the Coca Cola board (I believe this is a group of prominent outsiders - for example, the president of a university, who knows nothing about soft drinks, might sit on the board of the Coca Cola company - who hire the CEO of a company) was doing its job...
- In 1999 - the same year it was forced to withdraw Coke from the Belgian market because of a contamination scare - the Coca Cola company ("the company" apparently means the Coca Cola company) was involved in a discrimination lawsuit some of its employees, an anti-trust investigation in France (an anti-trust investigation is to determine if a company is trying to gain dominance a particular market by eliminating its competitors), and a failed attempt to buy the Orangia brand.
- The above problems, made worse by clumsy remarks by the then CEO of the company, led financial analysts and investors in Coca Cola stock to question if the Coca Cola board (I believe this is a group of prominent outsiders - for example, the president of a university, who knows nothing about soft drinks, might sit on the board of the Coca Cola company - who hire the CEO of a company) was doing its job...
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