McDonald’s Malaysia sues Israel boycott movement for $1 million in damages By Reuters
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<span>© Reuters. FILE PHOTO: The corporate logo of McDonald’s Corp fast food chain is seen on display in the Malaysian town of Pekan May 4, 2013. REUTERS/Bazuki Muhammad </span><br />
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<p>KUALA LUMPUR (Reuters) – McDonald’s (NYSE:) Malaysia has sued a movement promoting boycotts against Israel for “false and defamatory statements” that it says hurt its business, seeking damages amounting to 6 million ringgit ($1.31 million).</p>
<p>Malaysia, a majority-Muslim country, is a staunch supporter of the Palestinians, and some Western fast-food brands in the country, as in some other Muslim nations, have been targeted by boycott campaigns over Israel’s military offensive in Gaza.</p>
<p>Gerbang Alaf Restaurants Sdn Bhd (GAR), which is the licencee of McDonald’s in Malaysia, is suing the Boycott, Divestment and Sanctions (BDS) Malaysia movement for a series of social media postings allegedly linking the fast-food franchise, among other companies, to Israel’s “genocidal war against Palestinians in Gaza”. </p>
<p>According to a writ of summons dated Dec. 19 sighted by Reuters, Gerbang Alaf Restaurants alleged that BDS Malaysia incited the public to boycott McDonald’s Malaysia, which led to a loss of profit and job cuts, among other damages, due to closures and shortened operating hours of its outlets.</p>
<p>McDonald’s Malaysia confirmed it filed the suit against BDS Malaysia to protect its “rights and interests”, it said in a statement on Friday.</p>
<p>In response, BDS Malaysia said it “categorically denies” defaming the fast-food company and would leave the matter to the court. </p>
<p>The BDS movement aims to end international support for Israel’s “oppression of Palestinians” and pressure Israel to comply with international law.</p>
<p>($1 = 4.5900 ringgit) </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/mcdonalds-malaysia-sues-israel-boycott-movement-for-1-million-in-damages-3264914">Source link </a></p><p>The post <a href="https://forextraderhub.com/mcdonalds-malaysia-sues-israel-boycott-movement-for-1-million-in-damages-by-reuters.html">McDonald’s Malaysia sues Israel boycott movement for $1 million in damages By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>
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