PepsiCo and Monster sue India’s food regulator over ‘energy drink’ label ban
Reuters reports in The Economic Times that PepsiCo cited investments at risk, while Monster alleged financial and reputational harm.
TLDR
Reuters reports in The Economic Times that PepsiCo and Monster Beverage sued India’s food regulator over its June 30 directive to stop labeling high-caffeine beverages as ‘energy drinks.’ PepsiCo says the rule threatens substantial investments and cited 492 million bottles and 26 million cans bearing the label as of July 31. Monster alleges financial loss and reputational harm. Both companies say they had no chance to make their case before the directive.
Combined views
6K
2 Sources, first seen 3h ago