In Q3 2023, the Consumer Packaged Goods (CPG) industry was still under considerable pressure from class-action activities, according to a recent report on Food and CPG Legal Trends. This report is a snapshot from an annual circle of reviews and intended to provide timely insights into the quarterly trends. Major companies in the food, beverage, and personal care sectors continued to face numerous class action filings.
Notably, the period of review also witnessed pivotal regulatory developments relevant to food, beverage, and CPG companies at both federal and state levels. These developments underline the continued interaction and perhaps clash, between government regulation and corporate action in the quest to find a balance between commercial interests and public welfare.
The study is an intriguing reflection of corporate legal trends in a sector that touches on the daily lives of consumers, chiefly in the areas of food, beverage, and personal care. The findings could potentially influence the legal strategies of corporations in these sectors and shape the future dynamics of class action defenses and regulation in the CPG industry.
The report was produced by Perkins Coie. But the full text is not publicly available. Yet, its title, other metadata, and the information at hand still provide meaningful insights into the key legal trends affecting the CPG industry in Q3 2023.