Trademagazin > News and articles > Company and Personal News > Pepsi used the recipes of its Chinese partner illegally
Pepsi used the recipes of its Chinese partner illegally
According to the he Chinese state media; PepsiCo. China Investment Co. illegally used the recipes of the Tianfu Cola. In other words, this time a Chinese company proved that a U.S. giant had stolen business secrets.
The court instructed the PepsiCo. to stop the marketing of Tianfu Cola and to give back the recipe to the Chinese company. The court, however, rejected Tianfu’s claim that the former joint venture partner to pay one million yuan (150 thousand dollars) as compensation– reports Világgazdaság Online, after AFP.
Related news
More related news >
Related news
We buy specialty foods by the hundreds of thousands
Kifli.hu is introducing an intelligent search engine for those following…
Read more >12,358 people in need can live well from the food collected by Tesco and its customers in two days
Compared to last year, 100 tons more donations were received…
Read more >“A paw in trouble!” – tens of thousands join forces for shelter animals
The joint pet food collection campaign of SPAR Hungary and…
Read more >