McDonald’s, franchisees in Germany in dispute -WSJ

Jan 28 (BestGrowthStock) – Several franchise holders of McDonald’s
Corp’s (MCD.N: ) German unit have accused the world’s largest
hamburger chain of trying to force them out of their contracts,
the Wall Street Journal reported. The restaurant operators said
McDonald’s used private investigators and offered jobs to
franchise employees in exchange for information needed to
terminate franchise holders’ contracts, the Journal said.

The franchisees also accused the company of conducting
personnel audits to find evidence of conflicts of interest
against them, the paper said in its online edition.

McDonald’s could not immediately be reached for comment by
Reuters outside regular U.S. business hours.

Stock Market Today

(Reporting by Shailesh Kuber in Bangalore; Editing by
Muralikumar Anantharaman)

McDonald’s, franchisees in Germany in dispute -WSJ