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Stock impact report

French Court Says Perrier Can Keep Marketing As 'Natural Mineral Water' [Barron's]

NESTLE S.A S/ADR (NSRGY) 
NASDAQ:AMEX Investor Relations: nestle.com/investors
Company Research Source: Barrons
consumer rights group that said the label was misleading and urged the suspension of sales. UFC-Que Choisir, which lodged its request with a court in Nanterre near Paris, had argued that the company's microfiltration process meant Perrier could no longer claim the "natural mineral water" designation. Advertisement - Scroll to Continue "The existence of a health risk to consumers linked to Perrier waters labelled 'natural mineral waters' has not been established," said the Nanterre court on Tuesday. Marie-Amandine Stevenin, the head of the consumer rights group, said they were "angry" at the ruling. "We believe that this decision does not live up to the issues we were denouncing, namely misleading commercial practices." The association was ordered to pay 5,000 euros ($5,790) to the Nestle Waters group. Advertisement - Scroll to Continue For its part, Nestle Waters welcomed the ruling, saying it confirmed that "the food safety of Source Perrier natural mineral waters has Show less Read more
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