Attack of the clones: how Western brands will be renamed / Comment / Izvestia.Ru 

The Ochakovo plant recently announced the release of alternatives to the Coca-Cola, Fanta, and Sprite carbonated beverages. Called CoolCola, Fancy and Street, they change the label designs but retain the taste and color scheme. In the near future, McDonald’s, which is leaving the Russian market and selling all of its business to a local buyer, will also be renamed.

Andrei Gusev, Managing Partner at Nordic Star Law Offices, commented to Izvestia newspaper on the rules already set out for selling a business and how such sales can happen now.

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