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This Is How Lay’s $177 Billion Owner Tried To Sue Local Indian Farmers For Growing Their Patented Potatoes and Failed

In a twist in the classic David vs Goliath story, the Goliath has rallied against David here. We are talking about the potential lawsuit with which PepsiCo has threatened small-time farmers in a small village near Ahmedabad, Gujarat in India.  But why?  The multi-billion dollar industry has alleged that four farmers of this particular village have been growing a special variety of potatoes whose rights have been bought by the industry. This means that what they have been doing has been a classic case of infringement on one’s patented property. And while they have threatened the small farmers with a lawsuit containing reparations of almost $143,000 each, they have decided to first try to settle amicably.  The potatoes in question are FL-2027, a variety that PepsiCo has exclusive rights over, since 2016 as submitted in the district court, and verified by CNN.  Read more...
 

 

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