Pages:
Author

Topic: First time? A company suing because people aren't buying its products!!! (Read 630 times)

full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
If the company go ahead to sue buyers because they are not buying their products in the court of law, they will lose in that case in the court of law because, there is a law that guide the customers that they are always right to make their decision on any kind of product they want to buy in the market.

But if am in the same shoe with the company, I will Carry out some investigation to know why people are not buying the company product before I will know the next action to take whether to sue the manager of the company for not using the right raw materials to produce the quality products because, we have seen some cases like this where manager is not doing the right thing but telling lies to the shareholders.
Those who have products certainly understand the quality of the goods they produce and if the product they are offering does not attract interest from consumers, of course the product they have has a problem that makes other people dislike it, this could be the quality of the product they are offering at a price that is not according to the quality of the products they have.

Yes, of course the company must be able to ascertain why the product they are offering is not of interest to the public, whether it is an error in the field of production or inappropriate marketing, making it difficult for the public to buy the product that has been offered, because if they are forced to have it, it will certainly be very detrimental to them. themselves and also their money because they have bought a product that is not good.
full member
Activity: 1414
Merit: 236
Catalog Websites
If the company go ahead to sue buyers because they are not buying their products in the court of law, they will lose in that case in the court of law because, there is a law that guide the customers that they are always right to make their decision on any kind of product they want to buy in the market.

But if am in the same shoe with the company, I will Carry out some investigation to know why people are not buying the company product before I will know the next action to take whether to sue the manager of the company for not using the right raw materials to produce the quality products because, we have seen some cases like this where manager is not doing the right thing but telling lies to the shareholders.
legendary
Activity: 3752
Merit: 1864
Though it is funny but, is there no stipulation of consumers right in the world.

The company should take better investment decisions that will positively affect the business. The worst thing for any business is taking sides in a conflict or sponsoring conflict.

For instance, a Nigerian super star Naira Marley thought with his wealth and influence, he could sponsor bullying as it was evidence in video clips then go free.

He has released a new album but, Nigeria's refuse to stream his new song thereby leading to the fall out of the song in all the lists or charts.

This is a great loss for him for wrong decision making without regarding his business.

It's just a fake, you can just laugh Smiley
legendary
Activity: 3472
Merit: 10611
Are you sure the statistics of $211 Billion is correct? Because we are talking about Malaysia here.
Well McDonald's is a franchise and the central corporation owns all the rights to a lot of things involved in each of the branches and all the revenue and a losses are also going up the stream to the main corporation; so I used the company's market cap not how much the sub-branch is worth.

I know you may want to say that it’s news and could have affected other branches across the world, well, I don’t think it’s been that impactful in other places because the news (that I’ve seen) is just talking about them taking legal action in Malaysia, which I believe is where it actually went bad.
In my opinion, the corporation has just found someone to hit back inside Malaysia and in the future they may try it elsewhere too specially considering that this article claims it is much bigger than just being in Malaysia. For example it says there is a 70% drop of sales in Egypt which is a pretty significant dump.
https://www.newarab.com/news/mcdonalds-ceo-says-gaza-boycott-campaign-hurting-mena-sales
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
This is a really interesting stuff but billions of dollars? I don’t think that’s true. I mean you need to understand the amount of money that you’re talking about 1,000 million makes a billion and you are saying that they have had loss of billions of dollars. Not even McDonald’s has had such loss because they are apparently suing these guys for not up to $2 million. I think you need to check your source cause that’s just too much money.
What you are talking about is the revenue loss which is in the millions of dollars as the articles say and the suing amount is in that range.

But I believe what @Latviand is talking about is the total market valuation of these companies that has gotten dumped as their stock crashed. For example Starbucks shares has gotten dumped about 13% ever since November and that kind of dump in a hundred-billion dollar company is billions of dollars loss ($106 billion Starbucks and $211 billion McDonald's market cap).

My opinion is that even though this is also a decent indication of the effects of boycotts on these companies but it is not the most solid one because there are lots of other things affecting the stock market.
For example SBUX has been dumping ever since April 2023 since the company is struggling with a lot of other issues; so this latest 13% dump could be the continuation of that same dump with boycotts being a secondary effect that may have intensified the dump.
On the other hand when we look at MCD we see that it has got pumped in the same period which proves that this is not the most solid indicator to use.

Are you sure the statistics of $211 Billion is correct? Because we are talking about Malaysia here. I checked how many McDonald’s that there are and I saw up to 40,275 in number. Understand that the market cap is shared amongst all countries and each stores respectively. So, what then is the value of McDonald Malaysia? Because that’s how we’ll get to know. I know you may want to say that it’s news and could have affected other branches across the world, well, I don’t think it’s been that impactful in other places because the news (that I’ve seen) is just talking about them taking legal action in Malaysia, which I believe is where it actually went bad.
jr. member
Activity: 70
Merit: 6
Though it is funny but, is there no stipulation of consumers right in the world.

The company should take better investment decisions that will positively affect the business. The worst thing for any business is taking sides in a conflict or sponsoring conflict.

For instance, a Nigerian super star Naira Marley thought with his wealth and influence, he could sponsor bullying as it was evidence in video clips then go free.

He has released a new album but, Nigeria's refuse to stream his new song thereby leading to the fall out of the song in all the lists or charts.

This is a great loss for him for wrong decision making without regarding his business.
sr. member
Activity: 546
Merit: 265
He might not be acting out of his mind even though the expression sounded funny.
I can say that I insights expressive lawful backup threats by the McDonald towards an individuals and some organizations which they are bidded with a lawful agreement on a concept about his products patronages within his binded circles which the chain of their agreement may have been boycotted by sentimental bridges of disagreements that has caused him such lost.

Imagine if some day you are out and about, suddenly someone wearing a chicken suit puts a gun to your head forcing you to buy their fast food or they'll shoot you Cheesy
Life is not duplicated so I would humbly abide to the gun holders will after all it is just of something money can afford and not of my life that even the whole treasures in the world can not afford.
sr. member
Activity: 1008
Merit: 366
I just read this news and I can't stop laughing.
McDonald's is said to be planning to sue people who have been refusing to buy its products over the past months leading to their $1.3 million loss. This is due to a boycott movement where people in a lot of countries are sanctioning this company because of its support of the Zionist regime that is occupying Palestine and is committing genocide there.

Imagine if some day you are out and about, suddenly someone wearing a chicken suit puts a gun to your head forcing you to buy their fast food or they'll shoot you Cheesy

Ref: https://www.moroccoworldnews.com/2023/12/359864/mcdonalds-malaysia-sues-pro-palestine-activists-over-boycott

Ahhhhhh..... Had a good laugh. Really though? What are they even thinking? How did went the other way around? I have heard consumers suing companies but not they have turned the table. LOL.
I am not biased about supporting any country in this war but all I want to say is that war is bad. Only the innocents suffer in that conflict. Those products having a connection to something has nothing to do with this. If the product is produced in your country and as consumers, you are banning the use of that product, you are harming your own country's economy.
It is also not right to force people to use that product late alone sue them. It's their own choice. How foolish are they suing the very people helped them to become what they are today? This is just pure stupidity.
legendary
Activity: 3752
Merit: 1864
For example, Russian and pro-Russian media reported a terrorist attack on Ukraine as an “internal conflict in Ukraine.”
Regarding Israel as a terrorist - please give a description of what terrorism means?
This has to be your personal record of the shortest distance between your double standards Cheesy

I take it your brain is a lot worse than the propaganda-washed ones Smiley)))

I'm writing to you
- Russia, having committed a terrorist attack, passes it off through propaganda as an alleged "internal conflict in Ukraine".
- You call Israel a terrorist country, I ask you to give a description of the word "torrorism" and you...  act like you have no brain and accuse me of double standards  Grin Grin Grin
I realize that to a propaganda-washed person, to answer my questions honestly is almost "information suicide", and you proved it perfectly !  Grin


Returning to the topic - and dear participants who support the boycott of such companies as Starbucks, McDonald's - do you happen to know the word "franchise" ? Smiley

full member
Activity: 406
Merit: 109
I just read this news and I can't stop laughing.
McDonald's is said to be planning to sue people who have been refusing to buy its products over the past months leading to their $1.3 million loss. This is due to a boycott movement where people in a lot of countries are sanctioning this company because of its support of the Zionist regime that is occupying Palestine and is committing genocide there.

Imagine if some day you are out and about, suddenly someone wearing a chicken suit puts a gun to your head forcing you to buy their fast food or they'll shoot you Cheesy

Ref: https://www.moroccoworldnews.com/2023/12/359864/mcdonalds-malaysia-sues-pro-palestine-activists-over-boycott
I can't access the link but upon searching about this news, I get where they are coming. It's not really about them suing people who refuses to buy from them. McDonald's are suing for defamation where people are agreeing to boycott them because of the issue between Israel and Palestine. I get that they are a business, and of course the boycott movement has been spreading in social media. We all are aware how fast things can spread when it comes to social media and it's affecting their profit, especially to muslim countries. They want to sue people spreading news or info online, and probably those who's urging others to boycott McDonald's, which causes a huge damage to their image and business.

But on the other hand, I also understand the people spreading the campaign. That's why it's really important for businesses to build and maintain a great image, character, and their values since social media is so powerful when it comes to cancel culture.
sr. member
Activity: 742
Merit: 275
Read through the article provided and the company isn’t exactly suing people for refusing to buy their products(I think such a lawsuit would be absurd).
I think this shows again how the collective efforts of humans having one mindset can go a long way. McDonald’s has a net worth of $212 billion so a $1.3 million loss may look like a negligible amount but it did get them riled up enough to make a move against the pressure groups that’s hindering their profits.

I wouldn’t fault people for not buying from companies that donates to a country that’s trying to crush their enemies and indiscriminately killing scores of innocent people in the process.
legendary
Activity: 3472
Merit: 10611
This is a really interesting stuff but billions of dollars? I don’t think that’s true. I mean you need to understand the amount of money that you’re talking about 1,000 million makes a billion and you are saying that they have had loss of billions of dollars. Not even McDonald’s has had such loss because they are apparently suing these guys for not up to $2 million. I think you need to check your source cause that’s just too much money.
What you are talking about is the revenue loss which is in the millions of dollars as the articles say and the suing amount is in that range.

But I believe what @Latviand is talking about is the total market valuation of these companies that has gotten dumped as their stock crashed. For example Starbucks shares has gotten dumped about 13% ever since November and that kind of dump in a hundred-billion dollar company is billions of dollars loss ($106 billion Starbucks and $211 billion McDonald's market cap).

My opinion is that even though this is also a decent indication of the effects of boycotts on these companies but it is not the most solid one because there are lots of other things affecting the stock market.
For example SBUX has been dumping ever since April 2023 since the company is struggling with a lot of other issues; so this latest 13% dump could be the continuation of that same dump with boycotts being a secondary effect that may have intensified the dump.
On the other hand when we look at MCD we see that it has got pumped in the same period which proves that this is not the most solid indicator to use.
sr. member
Activity: 1666
Merit: 426
I have been told by many Israel supporters that these kind of Boycott is useless and has no effect at all, to the company or to Israel, but turns out it make some impact. Moreover, who will be sued for doing the BDS, it is a decentralized collective movement, no one is paying for those people to stop or boycotting any product, most of them aren't even encouraging/discouraging people to do the BDS, people are just stating that they are boycotting some products. That will be a very tough case to be brought into court.
They're blinded by what they stand for so that's what they're going to say to you, that it's a useless thing. Another example of this boycott becoming successful is the Montgomery Bus boycott, that's probably a history shaping boycott because it was one of those times when something our society was trying to improve upon was being violated or being tolerated which is racism. To those people that don't believe that boycotts don't work when it comes to trying to send a message about how evil or disgusting a company is, just tell them to search for the boycotts that have changed history or successful boycotts in history and have them see their brains lag as they try to comprehend their stance that it will never work. People like that are the funniest to look at whenever that happens to them.
sr. member
Activity: 728
Merit: 444
McDonald's is said to be planning to sue people who have been refusing to buy its products over the past months leading to their $1.3 million loss. This is due to a boycott movement where people in a lot of countries are sanctioning this company because of its support of the Zionist regime that is occupying Palestine and is committing genocide there.
This is nothing but a very crazy joke.
Why are they doing this ? Some silly PR or what? It is bad for the company's image. Will suing people in anyway put an end to their losses? How does this even make any sense to the company's legal team and their communications department.  McDonald’s would be better off donating money to Palestinians to make people change their minds. Suing the boycott movement will only make it stronger. They will not just lose the suit but will lose plenty of their customers too.
legendary
Activity: 2576
Merit: 1860
I think it's oversimplifying or perhaps even misinterpreting the legal case. The case filed wasn't against "people who have been refusing to buy its products"; it's against a group that was supposed to spread "false and defamatory statements" in public against the fast-food chain.
Yes and no! You can't sue regular people, obviously. So they have to find a representative to sue, a group or an organization, in other words something centralized or a door that they can kick down.
In this sense this is like Bitcoin, they can't ban Bitcoin or they can't prevent regular users from using it but they can kick down the door of anything centralized like CEX or even mining pools and exert their power there.
But the nature of the act is the same, it is "banning Bitcoin" or it is "suing the people who refuse to consume their products".

The case is basically defamation. And this can be filed against individuals or groups. Anybody, regular people or not, can be sued for committing defamation. Defamation is a crime.

I'm interested how this case would turn out. While this could probably end in a negotiation or a settlement, I believe it would heavily favor the company provided the crime was indeed committed.

I don't think the comparison between Bitcoin and the company is valid. 
hero member
Activity: 1036
Merit: 675
Quote
In response, BDS Malaysia refuted the claims of defamation against the franchise, adding that they leave the matter to the court for resolution.
When the sue is based on the ideas in quote, defamation of brand, it just might seem reasonable but, over lose or patronage, well, they hope to get some compensation for what is been lost but still, this doesn’t solve the issue. It clearly wouldn’t make people buy a McDonalds neither will it end the war between Israel and Palestine.
If this is a necessary step to anchor and ensure some peace resolution, then it’s a step in the right direction but, I feel McDonalds shouldn’t try to come at the boycott that way. Perhaps a campaign on how they are not linked with any form of support or financing of the wars would have been some means to an end but, Israeli products aren’t very cherished around the world now, especially for muslim communities.
sr. member
Activity: 812
Merit: 257
PredX - AI-Powered Prediction Market
The effect of the boycott movement is now an attempt to attack back from entrepreneurs Huh, I feel how much the reputation that has been built for decades, and the budget for advertising has consumed a budget of perhaps millions of dollars, and turnover has decreased. Meanwhile, employees, operational and retail costs must be paid every month. This is a complicated condition when viewed from a business perspective.

If the effort at gunpoint is too much, but if you can provide clarification about not being involved in the conflict, being neutral and professional, of course the market segment will not be all allergic even though there are those who don't care about all of that, what I know is that there is a boycott statement for companies that are accused of being silent and continuing their business without making efforts, maybe on their social media CMIIW.

It's only now that I've seen the quite remarkable effects of a conflict between two countries but it has led to a lot of business, even though it may be a few blocks away.

Consumers only need clarity, the fact is that almost all of the alleged products are often consumed and well-known. If it is an invitation from the community, friends, let alone family to consume a product or restaurant, it is difficult to say no, because most people like to be together.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
Sometimes it isn’t even about the money, it about showing that you have power.
This is a very good point you raised here. They're not used to not getting their way which is why they are trying to show some form of reaction and at the very least appear to have all the power!
Right. And to show that it’s working, BDS is denying the accusations already. If McDonalds didn’t sue them, it is possible that they can take it too far and rub it in their face like they can’t do anything, and people will think so too.


You should also add that Starbucks is also experiencing billions of dollars of loss because they're being exposed for bad employers and supporting Israel which isn't loved by anyone that's seeing the stories right now about the Israel's eradication of Palestine. They're getting desperate too, they keep on running a lot of ads and hiring people that are fitting a stereotypical criteria so they can help with their campaign that they're not excluding any ethnicity or race in their shops, they even do desperate promotions like free hot chocolate at a certain day of the week and considering how they're salvaging the brand, didn't know that McDonald's would take the top spot right in terms of desperation for money.

This is a really interesting stuff but billions of dollars? I don’t think that’s true. I mean you need to understand the amount of money that you’re talking about 1,000 million makes a billion and you are saying that they have had loss of billions of dollars. Not even McDonald’s has had such loss because they are apparently suing these guys for not up to $2 million. I think you need to check your source cause that’s just too much money.
full member
Activity: 1540
Merit: 219
You should also add that Starbucks is also experiencing billions of dollars of loss because they're being exposed for bad employers and supporting Israel which isn't loved by anyone that's seeing the stories right now about the Israel's eradication of Palestine. They're getting desperate too, they keep on running a lot of ads and hiring people that are fitting a stereotypical criteria so they can help with their campaign that they're not excluding any ethnicity or race in their shops, they even do desperate promotions like free hot chocolate at a certain day of the week and considering how they're salvaging the brand, didn't know that McDonald's would take the top spot right in terms of desperation for money.
legendary
Activity: 3472
Merit: 10611
For example, Russian and pro-Russian media reported a terrorist attack on Ukraine as an “internal conflict in Ukraine.”
Regarding Israel as a terrorist - please give a description of what terrorism means?
This has to be your personal record of the shortest distance between your double standards Cheesy
Pages:
Jump to: