Mises Institute, October 27, 2021 Protectionism Is Immoral, Unjust, and Corrupt by James Bovard Protectionism is reviving in Washington on both sides of the political aisle. Democrats are cheering proposals to restrict trade to benefit labor unions and save the environment while some Republicans are reviving Smoot-Hawley style salvation schemes. Protectionist advocates routinely seize the […]
PepsiCo is being sued by buyers who claim the company misleads shoppers into believing its Naked juices and smoothies contain “high-value” ingredients that make them healthier than they really are. [1]
Source: Business Insider
According to the complaint, filed on 4 October 2016 in federal court in Brooklyn, New York, Naked labels feature images of healthy fruits and vegetables, and trumpet how the drinks have “no sugar added,” when they actually contain about as much sugar as a can of Pepsi – more, in some cases.
Tropicana Pure Premium products and 4 other PepsiCo brands will soon bear the Non-GMO Project butterfly seal. The emblem will start appearing early next year.
PepsiCo has been one of the biggest opponents of state efforts to require labels on such foods, though now it seems the company is making extra effort to grapple the consumer market seeking organic and non-GMO foods.
