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US: Court of Appeals reinstates PepsiCo lawsuit

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The US Court of Appeals has reinstated a lawsuit seeking more than US$300m filed by former Peruvian bottler, Compania Embotelladora del Pacifico (CEPSA), against PepsiCo.

Pepsi is accused of breaching CEPSA's longstanding contract, providing exclusive rights to bottle soft drinks in various areas of Peru.

CEPSA alleged that Pepsi concocted a pretext to terminate the agreement and encouraged rivals to sell soft drinks at a lower price than CEPSA within the territory.

A spokesperson for PepsiCo said: "The decision to reinstate the lawsuit was based on procedural considerations that had nothing to do with the case."


Sectors: Soft drinks, Water

Companies: PepsiCo

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