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McDonald’s to Exit from Russia

corporate.mcdonalds.com

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Re: McDonald’s to Exit from Russia

#231

Post by travisgriggs »

cft wrote: post #105
jcranmer wrote: post #103

Earlier quoted context omitted.

Russia is party to several international treaties that allow it to be sued outside of Russian courts if it doesn't uphold intellectual property law, and if those suits do not go Russia's way, then it is now possible that Russian assets can be seized as compensation. Or, to oversimplify it, if Russia decides that anyone can use McDonald's trademark, then maybe Gazprom's pipelines won't be Russian anymore.

I don't think those pipelines are very useful without gas

Nor is the gas very useful without the pipelines. Mutually assured de-gasification as it were.

Re: McDonald’s to Exit from Russia

#232

Post by zapt02 »

avakand wrote: post #119

It seems that McDonald's closed stores that operated directly under their control. As a result, only stores in westert part of Russia were closed (in Moscow, Saint-Petersburg). The stores in Siberia (i.e. Novosibirsk) and in Moscow airports continued operating as usual, as they are working under franchaising. Even the mobile app continued functioning. So not much is going to change, I think. Hell, McDonalds is even o…

McDonalds is not "open in DNR/LNR", DonMak is a completely unaffiliated restaurant that is a knock-off of the McDonalds brand.

https://factcheck.afp.com/doc.afp.com.326T9WB

Re: McDonald’s to Exit from Russia

#233

Post by eddieroger »

rubyist5eva wrote: post #202
eddieroger wrote: post #97

Earlier quoted context omitted.

Based on what? I'm sure they could exit anywhere they wanted, but since Canada isn't actively committing war crimes and having sanctions placed on it, what positive would come from leaving Canada?

Because people here are getting fat. Not as bad as America, but obesity is a problem here.

If people crash their car, should we blame Toyota? McDonald's doesn't force anyone to eat their food. If your fellow Canadians want to eat McDonald's, that's their choice. If they all stopped, McDonald's would either have to make healthier food or exit the country. But unless they're force feeding helpless Canadians food, it doesn't seem like them exiting because "people here are getting fat" is a rational suggestion.

Re: McDonald’s to Exit from Russia

#235

Post by isleyaardvark »

octodog wrote: post #146
vondro wrote: post #29

Something that has been bugging me for some time (genuine question, please forgive me lack of geopolitics/economy understanding) is this: Supposing we want to hurt Russian economy - how are we hurting it by stopping selling them licenses/branding/machines to make and sell burgers and fries? Are we not ripping them off money if we sell to them? As in: we gain, they lose? I understand we don't want to sell advanced tec…

The basic premise in market economies is that if a transaction occurs it is beneficial for both the buyer and the seller. This makes intuitive sense if you think about it - nobody forces you to buy McDonald's, you do so because you think a Quarter Pounder is worth the price you pay. Sanctions work by preventing this transaction from happening, which means both the buyer and the seller are worse off compared to when t…

It's also cumulative. It's only one market for each individual seller, but the buyer is deprived of many sellers.

Re: McDonald’s to Exit from Russia

#236

Post by [deleted] »

GekkePrutser wrote: post #13

> The Company intends to initiate the process of “de-Arching” those restaurants, which entails no longer using the McDonald’s name, logo, branding, and menu, though the Company will continue to retain its trademarks in Russia. Obviously they'd want to keep the trademark, otherwise they have no way to prevent those sold restaurants from "re-Arching" after the "de-Arching" :)

[deleted]

Re: McDonald’s to Exit from Russia

#237

Post by Traster »

0898 wrote: post #140

Can anybody explain why the rouble is at a five-year high? Or is there something in the intricacies of currency pairings that means this high isn't quite like other "highs"?

Russia raised interest rates to 20% at the beginning of the war to support the ruble, they also had built strong foreign capital reserves to support their currency, they've also instituted capital controls. The average person in Russia can't buy dollars, and the average person outside of Russian unable to sell any of their shares or short any stocks.

Essentially, the Ruble suffers when people flee to USD, but since both the US and Russia are preventing this, the Ruble is stronger. This is then further supported by extremely high gas prices, which allows Russia to run a trade surplus, exporting expensive oil but unable to import anything.

People are claiming this as a win for Putin - but if you look below the surface there's an obvious fact: The Ruble is only strong because no one is allowed to sell it.

Re: McDonald’s to Exit from Russia

#238

Post by bell-cot »

mupuff1234 wrote: post #8

Can you sell the Russian business without violating the sanctions?

Legally? I'm sure there are a fair number of ways. For those who don't recall when Pepsi (as in "Pepsi Cola") had the 6th largest navy in the world:

https://www.warhistoryonline.com/instant-articles/pepsi-once...

But if you're running a huge consumer-brand corporation in the social media age, with the great majority of your sales in places where Russia's recent actions are very unpopular, then "could we legally continue...?" is not basis for your decision.

Re: McDonald’s to Exit from Russia

#240

Post by eimrine »

reedjosh wrote: post #201
eimrine wrote: post #160

Earlier quoted context omitted.

"Harmfullness" of MacDo is a common meme but in fact there is hard to find anything harmful there except of cola.

And Vegetable Oil, and pseudo estrogens in plastics, and Bliss point foods, and...

> Vegetable Oil

Absolutely common item on every kitchen

> pseudo estrogens in plastics

This is 2022, we have to pack our food with some plastic.

> Bliss point foods

It litery means that your food needs to be yummy.

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