Bids for the 1996 Summer Olympics "political instability, potential security problems, air pollution, traffic congestion and the fact that it would have to spend about $3 billion to improve its infrastructure of airports, roads, rail lines and other amenities". Allegations were quick to emerge in the Greek and Australian media that Atlanta had won the Games due to a conspiracy organized by global beverage company Coca-Cola, a longtime sponsor of the Olympic Games headquartered in Atlanta. An Athenian daily newspaper declared the "Olympic flame will not be lit with oil, but with Coca-Cola", while the Athens bid chair said that the city would never again bid
The Coca-Cola Company in every state in the union. Coca-Cola’s first ad read "Coca Cola. Delicious! Refreshing! Exhilarating! Invigorating!" As of 1948, Coca-Cola had claimed about 60% of the market share. In 1919, the company was sold to Ernest Woodruff's Trust Company of Georgia. By 1984, The Coca-Cola Company's market share decreased to 21.8% due to new competitors, namely Pepsi, being released. The company has a long history of acquisitions. Coca-Cola acquired Minute Maid in 1960 and in 1982, it acquired the movie studio Columbia Pictures for $692 million but Columbia was sold to Sony for $3 billion in 1989. It acquired the