Brazil Franchisees Sue McDonald's <b></b>

Dec 31, 2001

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Sao Paulo, Brazil--An economic slowdown and slidingcurrency are squeezing profits for McDonald's franchisees inBrazil, and many are complaining that their sales are beingdecimated by a slew of new stores opened under the company'saggressive global expansion plans. Some franchisees are suingMcDonald's, alleging illegal rent manipulation and"cannibalization" of their sales by company-owned units.In light of lawsuits and unfair competition allegations made by itsBrazilian franchisees, McDonald's could face an investigationby CADE, Brazil's antitrust watchdog. --AssociatedPress

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