PepsiCo has offered to settle a lawsuit against a group of Indian farmers who the company alleges grew a patented variety of potato used in its Lay’s chips without permission.
The U.S. food, snacks, and beverage company initially demanded $143,000 in damages from each of the four farmers. PepsiCo said the farmers illegally sourced and sold the FL-2027 strain of potato, which it says it has owned the exclusive rights to since 2016.
