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Stock impact report

EU member states cannot ban ‘meaty' names for vegetarian foods, court rules [Yahoo! Finance]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The European Court of Justice (ECJ) established that vegetarian products can use terms such as steak, sausage, escalope and burger, provided that a country has not established a specific legal name for a vegetable protein-based food. The association Protéines France, the European Vegetarian Union (EVU), the Vegetarian Association of France (AVF) and the meat-alternative major Beyond Meat all contested the French government's decree, which banned such terms to improve transparency to consumers. The ECJ acknowledged that existing EU law already offers sufficient consumer protection, “meaning that additional national regulations setting limits on vegetable protein content for using certain names would not be allowed”, according to the EVU. EU judges have now ruled that although member states can establish legal names for food products – meaning they can assign specific terms to certain food items, including plant-based alternatives – if they choose not to, they cannot prohibit man Show less Read more
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