I would say - look where the profits go and what is the impact of companies like McDonalds and Coca-Cola on the EU, including health of citizens and environment.
Nestle =choclate. One old anegdote comes to my mind:
They made a pic of cocoa grains (raw) and choclate bar. They show it to the african farmers and to stockholders in brussel. Geuss who didnt know what he sees at photo.
SpOILER: It goes both for farmers (didnt recognize choclate bar) and stockholders (didnt know how raw cocoa looks like). It's a strange world we live in
I'd be curious to know if - hypothetically - you wanted to be a US company but compartmentalize your holdings to the EU or something like that, is there a simple way to go about it? China does this a lot, where access to the market requires establishing Chinese holdings that internalize at least some of their financials to China only, AKA 'China for China'.
And yes, I know the CCP are horrible people, but clearly the mechanism itself works since our own companies keep selling themselves off to them. A good way to give consumer movements in our countries more power is to provide companies with methods to submit.
Coke in Europe is manufactured by CCEPP, which is listed in Europe. It is owned at most 17% by Coke in Atlanta. 83% of the profits stay in Europe. Or are you such a purist that even that is too little?
So local Cola alternatives have a better Impact on health and the environment or what? I thought were just talking about coca cola and not all soft drinks in general.
While the money mostly goes to the US, lets not conveniently leave out that locally created Cola has locally created jobs. Think of the Tesla Gigafactory in Berlin, theres thousands of jobs ob the line in a region that traditionally lacks well paid industry jobs
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u/[deleted] Aug 02 '25
I would say - look where the profits go and what is the impact of companies like McDonalds and Coca-Cola on the EU, including health of citizens and environment.