iFood sues Meituan-backed Keeta over espionage claims
Brazilian food delivery leader iFood is suing rival Keeta for alleged unfair competition and industrial espionage. The lawsuit claims consulting firms approached iFood employees to obtain confidential business information for compensation. Keeta has denied the allegations and says it complies with all market requirements.
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iFood sues rival Keeta in Brazil for 1 million reais over alleged corporate espionage and unfair competition. The lawsuit, filed in a Sao Paulo business court, follows the entry of the China-backed delivery platform into the Brazilian market. The legal battle threatens to disrupt the competitive landscape as Keeta attempts to erode iFood's dominant market share.
