Reported December 11, "Watchdog Calls On U.S. To Ban Candy Cancer Chemicals As UK Begins Seizing Mountain Dew, Jolly Rancher, Swedish Fish And Lemonhead Amid Crackdown On American Junk Food That Is Linked To Infertility And Health Issues" - Daily Mail
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UK regulators are seizing American candies like Jolly Rancher, Swedish Fish, and Lemonhead due to additives banned under EU and UK law linked to cancer and other health issues. Consumer Reports urges the US to expand its list of banned food additives, following California's recent ban on certain chemicals. The FDA faces pressure to update food additive regulations, with New York and Pennsylvania considering similar bans. The seized products, including Twizzlers and Mountain Dew, contain substances like mineral oil, BHT, and color additives linked to health risks.
December 12, 2023 | 3:48 pm
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NEGATIVE IMPACT
Hershey's products, including Jolly Rancher, are being seized in the UK due to banned additives. This could lead to reputational damage and potential sales impact if similar regulations are adopted in the US.
The negative publicity from the UK seizures and the call for stricter regulations in the US could lead to consumer concerns and a potential decrease in sales for Hershey's products. The impact is significant due to the direct mention of the product and the potential for regulatory changes in the US market.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Mondelez's Swedish Fish is among the candies seized in the UK for containing banned additives. This could affect the brand's image and sales, especially if US regulations become stricter.
The inclusion of Swedish Fish in the UK seizures and the potential for tighter US food regulations could negatively impact Mondelez's brand reputation and sales. The asset is directly affected by the news due to the product's mention and the broader implications for the food industry.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80