Final words about Danone VS Wahaha
As more facts and lies are published From both Danone and Wahaha, the truth is up to the surface. I write here the last several lines about the event. Then I will shut up and just wait and see.
1. Danone and Wahaha are fighting for the trademark.
- The prey has nothing to do with monopoly, business invasion, patriotic passions or polt of MBO. Not in this case at this stage.
2. There are a series of contracts and agreement to regulate or decide the ownership of the trademark, according to which it is hard tell who is the owner.
- In 1996 Danone/ Wahaha joint venture signed contract with Wahaha to transfer the Trademark From Wahaha to the joint venture. This contract, however, was not approved by the Chinese government. Accurately speaking, the application for approval is pending. It was not approved, but not rejected either.
- In 1999, without approval From the government of the former transfer, another agreement was signed to restrict the usage of the trademark to the joint venture only.
- Another analysis states that in 1999 Wahaha Group ownership changed and Hangzhou government held 46% share and should take the ownership of the Wahaha trademark. If so, neither the joint venture nor Zong Qinghou could use the trademark.
3. When ownership of the trademark is decided, the chaos will still continue for a while, but not for too long, since neither side can bear the negative impact.
4. This case may become the start of a legal business environment in China, so long as the Chinese government keeps its current tact of silence and pushes companies in China to realize the law is what they must master, to obey, to take advantage of and to rely on.
Related Posts:
comments
Leave a Reply











