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Author Topic: Pepsi and Coke owned by the same company?
RoboticParanoia
The Red and the Green Stamps


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Hi. Long time reader, short time lurker, first time poster.

I got this from my brother, who's always the anticorporate type. He says that Coca Cola and Pepsi were owned by the same company.

His only defense was "Oh yeah! You never know what those evil corporations would do." (I must note that he uses an Intel chip and Windows 98...).

Just for confirmation sakes, is this true, or just complete nonsense, from a biased source?

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brick
Happy Holly Days


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Not true. The Pepsi brand is owned by Pepsico, Inc. The Coca-Cola brand is owned by the Coca-Cola Company.

Curious, though, what would be so evil about a single company owning both?

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sherri_lu
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I own stock in both company's I figure 1/2 the people drink Coke products 1/2 drink Pepsi products
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Black Belt and Socks
The First USA Noel


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quote:
Curious, though, what would be so evil about a single company owning both?
I'm pretty sure the govmint anti-trust folks would have something to say about that.

BB&S

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RealityChuck/Boston Charlie
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I'm sure there are plenty of people who own stock in both companies and are they, technically, the owners. However, as far as management is concerned, they are separate (and bitter rivals).
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RoboticParanoia
The Red and the Green Stamps


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See, that's what I thought. I think he made this theory up because you Coke/Pepsi with Vanilla/Lemon (or Pepsi Twist) and the half carb drinks were released around the same time.
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Morrison's Longhaired Himalayan Cat
The Red and the Green Stamps


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Industrial espionage [Big Grin]

--- G.

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dam9191
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I had learned from a friend once (who was originally from Turkey) that Pepsi & Coke were bottled at the same factory in her home country (the Pepsi factory).

But that doesn't mean they are owned by the same company. It is possible, however, in some countries that the franchise for both may be owned by the same person/company.

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Class Bravo
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So they're completely independent companies? Well, that's refreshing news. The last I had heard, both Coke AND Pepsi were owned by Osama bin Laden.

[fish]

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DarkDan
It Came Upon a Midnight Clearance


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Nah, snopes owns them. Or maybe snopes is Osama?

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Lindiglo
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quote:
Originally posted by DarkDan:
Nah, snopes owns them. Or maybe snopes is Osama?

Don't be ridiculous. We all know snopes is the partially defrosted corpse of Walt Disney. D'UH!
Lind [fish] iglo

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Sapient Homo
TR7 Bridges Road


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Pepsi and Coca Cola is the world's biggest example of an economic Oligarchy. They probably work together to keep product progression going to ensure that any other companies trying to enter the market cannot stay in it.

Here in the UK all washing powder is made by one of two companies; Lever Brothers and Proctor and Gamble. They share information to ensure they keep they're 50/50 share of the market. I can easily invisage Pepsi and Coca Cola doing the same.

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diddy
Markdown, the Herald Angels Sing


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quote:
Originally posted by Sapient Homo:
Pepsi and Coca Cola is the world's biggest example of an economic Oligarchy. They probably work together to keep product progression going to ensure that any other companies trying to enter the market cannot stay in it.

Here in the UK all washing powder is made by one of two companies; Lever Brothers and Proctor and Gamble. They share information to ensure they keep they're 50/50 share of the market. I can easily invisage Pepsi and Coca Cola doing the same.

I can partially agree with you, but I dont think they intentiaonally share information. Their position in the market as such makes the barriers entering the market (whaterver it may be) very difficult.

The fact that they have a 50 percent market share is what keeps other poeple out, not necessaraly then working together to make it so.

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pinqy
Ding Dong! Merrily on High Definition TV


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Collusion is illegal in the US, the UK, and almost all countries. The companies cannot legally share information and since the fines would be hefty, the government has great interest in monitoring these activities. Coke and Pepsi come out with similar products at the same time out of competition, not collusion.

pinqy

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Morrison's Lamentable Fowl
The Red and the Green Stamps


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The world's BIGGEST example of economic oligarchy? Ehm, no, not even close to being close.

Oil and energy, anyone? Hell, OPEC openly calls itself a "cartel", something that tends to have raaather negative connotations in other contexts [Wink]

And let's not forget that pretty much the entire Russian economy is run by a handful of oligarchs each specializing in controlling a specific slice of the pie.

While Coke and Pepsi may be in collusion and it's certainly a multi-million-dollar thing, it doesn't come close to the amount generated by corrupt business practices that permeate some of the largest markets of the world.

--- G.

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TheBobo
Markdown, the Herald Angels Sing


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quote:
Originally posted by Lindiglo in the Sky with Diamonds:
quote:
Originally posted by DarkDan:
Nah, snopes owns them. Or maybe snopes is Osama?

Don't be ridiculous. We all know snopes is the partially defrosted corpse of Walt Disney. D'UH!
Lind [fish] iglo

You are both so wrong!
Snopes is Chef Boyardee!

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The views expressed in the above Post does not necessarily reflect those of snopes,The Infopoop Corporation,the Internet or most of society for that matter.

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pinqy
Ding Dong! Merrily on High Definition TV


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quote:
Originally posted by Morrison's Lamentable Fowl:
The world's BIGGEST example of economic oligarchy? Ehm, no, not even close to being close.

Oil and energy, anyone? Hell, OPEC openly calls itself a "cartel", something that tends to have raaather negative connotations in other contexts

It's questioned how effective a cartel OPEC is, though. There are some major oil-producing countries that are not members, and even among members they don't always play nice.

It's interesting that few cartels ever work well, though there have been many attempts to form them: Mercury, Iodine, Copper, Coffee, Tea, Tin, Cocoa....all tried and failed. Diamonds are close, with DeBeers holding a 60% share of the trade they can get near monopolistic prices.

pinqy

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Sapient Homo
TR7 Bridges Road


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quote:
Originally posted by Morrison's Lamentable Fowl:
[QUOTE]The world's BIGGEST example of economic oligarchy? Ehm, no, not even close to being close.

Tell that to 4 years of Business Studies lessons with all my teachers saying the same thing!

quote:
Oil and energy, anyone? Hell, OPEC openly calls itself a "cartel", something that tends to have raaather negative connotations in other contexts [Wink]
Not really an Oligarchy though is it. A cartel works in a different way.

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"Actually I thought we were going to do fine yesterday. Shows what I know."

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Morrison's Lamentable Fowl
The Red and the Green Stamps


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OK, I definitely overstated my case, but I still think collusion of one sort or another is basically the same kind of crime despite the fact that you can sub-branch it into various shades like "oligarchy" - "cartel formation" or simply "collusion".

DeBeers is certainly a good example of an unhelpfully dominant market player, they are more of a monopoly than anything else though, since they don't have any other major companies in the field to conspire with.

In any case, my point was that if you define the practices of Coke and Pepsi as being illegal collusion, then a whole lot of other larger (overall larger, that is) businesses are equally guilty.

I'm not defending the soft drink giants, I'm attacking capitalism [Big Grin]

--- G.

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ottercreek
The First USA Noel


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What about those of us who buy all that discount stuff at the dollar store? My guess is that it is no better or worse for your health than Coke or Pepsi. Then again, on a hot day, you don't really care that much about how it tastes as long as it is cold and has fizz. And what is the deal with TAB getting back in the stores recently?
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Dark Canuck
What's My Lime?


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quote:
Originally posted by TheBobojustgotlaid:
quote:
Originally posted by Lindiglo in the Sky with Diamonds:
quote:
Originally posted by DarkDan:
Nah, snopes owns them. Or maybe snopes is Osama?

Don't be ridiculous. We all know snopes is the partially defrosted corpse of Walt Disney. D'UH!
Lind [fish] iglo

You are both so wrong!
Snopes is Chef Boyardee!

You all think you're right but I know the truth....
Snopes is really a munchkin that tried hanging himself on the set of the Wizard of Oz [Big Grin]

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snopes
Return! Return! Return!


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quote:
He says that Coca Cola and Pepsi were owned by the same company.
They were, but after Barbara changed the Coca-Cola formula, I sold the company out of spite. Now we just own Pepsi.

- snopes

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JuanWayne
The Red and the Green Stamps


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Maybe this guys brother read "Jailbird" by Vonnegut.
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fictional lie
I Saw Three Shipments


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the reason that Coke and Pepsi often come out with simmilar products at roughly the same time, is because of how well they sell.
If you notice, Coke will release something, and a month(?) later Pepsi will have a similar product. It has to do with trends and selling power.
Although, if you notice something else...Coke NEVER makes the shitty drinks that Pepsi releases (i.e., Pepsi Blue, Pepsi Pitch Black, Crystal Pepsi) becuase they are horrible.
Also, being an avid Coke fan, they really do release most of the products first. The only I can think of off hand they didn't make first was Pepsi Twist...althought I am suprised since people have been having Coke with Lemon (or Lime) for years.

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I am nothing but I'm more than you will ever be

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mizake the mizan
The Red and the Green Stamps


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quote:
Originally posted by fictional lie:
Coke NEVER makes the shitty drinks that Pepsi releases (i.e., Pepsi Blue, Pepsi Pitch Black, Crystal Pepsi) becuase they are horrible.

offended fan of Pepsi Blue, here. [Wink]
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Elbe
Little Sales Drummer Boy


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I liked Crystal Pepsi. I'm still upset they stopped making it.

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vampyrviolia
Happy Holly Days


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Who owns Dr. Pepper? I always figured Pepsi (the PEP part), but then someone said the DP owned itself. Then a former boss said Coke own Dr. Pepper. What's up?

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snopes
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Dr Pepper and 7Up are owned by Cadbury Schweppes.

- snopes

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Nion
We Three Blings


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Are you saying that damned Cadbury bunny is behind all of this? I KNEW IT! *runs to get the secret tapes*

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Joseph Z
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quote:
Originally posted by brick:
Not true. The Pepsi brand is owned by Pepsico, Inc. The Coca-Cola brand is owned by the Coca-Cola Company.

Curious, though, what would be so evil about a single company owning both?

What would happen is that they become a corporate giant with the other branded corporate giants and may unintentionally start monopolying.

If they aren't corporate giants yet that is. Most of our sodas out there were bought off by the mega corporations, being coca cola and pepsi, or they bought leases to be with the mega corps to sell their products in their vending machines.
[fish]

Added:

I remembered our biggest corporate fight last decade with the phone companies. They started to bicker that commercial for days on end. Verizon, Sprint, Bell Atlantic?, and maybe 2 other guys, sitting in chairs smoking stogeys while their funds get really fat and they are arguing over purhasing other mini phone companies into itself.

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Dr. Van Thorp
Deck the Malls


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Many years ago, I worked in a grocery store in Michigan, where aluminum cans are returned for a ten cent deposit. One of my jobs was sorting cans so that they could be returned to the respective manufactureres. I also often had to resort cans improperly sorted by idiots that worked in the other shift. These idiots seemed to believe that Pepsi and Coke were one company.

I have heard other people make the same claim. Usually people that beleive this rumor are either very uneducated, not very smart, or obsessed with big business conspiracy theories.

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fictional lie
I Saw Three Shipments


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quote:
Originally posted by snopes:
Dr Pepper and 7Up are owned by Cadbury Schweppes.

- snopes

i believe that Cadburry owns the company, and then bottlers in certain areas buy the "rights" to distrubte the product. For example, in my town in NH, Dr. Pepper is a Pepsi product, placed in the Pepsi coolers at stores and served at restaurants with Pepsi taps.
Here in Boston where I go to a Coca-Cola sponsored college, we have the soda in the coolers and on tap.
So perhaps it is just easier for Cadburry to sell their bottling rights to whomever can distribute it more effiecently in a certain area?

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InfraPurple
The First USA Noel


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I have to agree with the bottling rights with Cadbury.

Here in KS, it's much the same. Although a lot of resturants that sell Coke Products have Dr. Pepper instead of Mr. Pibb.

Ah...crystal pepsi. That was good. Although Pepsi One pissed me off. Just Diet Pepsi repackaged. The one little problem I had with Crystal Pepsi was it looked like Sprite, but had the more bitter cola flavor. Yes, that was the point, but when you pick a glass up expecting sprite and get pepsi....

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RoofingGuy
The First USA Noel


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Here in Canada, Cadbury owns the rights to both the "Crush" and "C-Plus" families of beverages, but Coke (or it's bottlers) bottle the C-Plus, and Pepsi (or it's bottlers) bottle the Crush (and Dr. Pepper and 7-Up).

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Young man as an artist
The Red and the Green Stamps


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Here in SLP,Mexico there was a mexican bottler called "AGA", that owned the rights of 7UP, but then came Pepsi and bought them, the flavor was better with AGA, now it tastes like sprite but sweeter.
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