A federal judge dismissed a lawsuit by Coca-Cola Co. (KO) that charged its rival PepsiCo Inc. (PEP) with patent infringement on a collapsible bag that dispenses syrup for fountain sodas. It was the third such lawsuit Atlanta-based Coca-Cola has brought against PepsiCo or its affiliates in the past six years. The decision was issued Wednesday by Judge Richard Story of the U.S. District Court in Atlanta. Coca-Cola Co. is the biggest soft-drink company in the world. Purchase, N.Y.- based PepsiCo Inc., is second-largest. "It confirmed what we knew all along, that there was no infringement," PepsiCo spokesman Dave DeCecco said. Coca-Cola was reviewing the decision and an appeal may be forthcoming, said spokesman Dana Bolden. The company has 30 days to decide.

Posted by GEN-ERIC at 12:04:32 am into the following categories: In The News

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