Coca-Cola formula in the context of "Trade secret"

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๐Ÿ‘‰ Coca-Cola formula in the context of Trade secret

A trade secret is information that a business keeps confidential to maintain a competitive advantage. Well-known examples include the Coca-Cola formula and the recipe for Kentucky Fried Chicken.

Unlike other forms of intellectual property ("IP"), trade secrets do not require formal registration and can remain protected indefinitely, provided the information continues to meet the legal requirements for trade secret status. Instead, non-disclosure agreements (NDAs), among other measures, are commonly used to keep the information secret.

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Coca-Cola formula in the context of Coca-Cola

Coca-Cola, or Coke, is a cola soft drink manufactured by the Coca-Cola Company. In 2013, Coke products were sold in over 200 countries and territories worldwide, with consumers drinking more than 1.8ย billion company beverage servings each day. Coca-Cola ranked No. 94 in the 2024 Fortune 500 list of the largest United States corporations by revenue. Based on Interbrand's "best global brand" study of 2023, Coca-Cola was the world's sixth most valuable brand.

Originally marketed as a temperance drink and intended as a patent medicine, Coca-Cola was invented in the late 19th century by John Stith Pemberton in Atlanta. In 1888, Pemberton sold the ownership rights to Asa Griggs Candler, a businessman, whose marketing tactics led Coca-Cola to its dominance of the global soft-drink market throughout the 20th and 21st centuries. The name refers to two of its original ingredients: coca leaves and kola nuts (a source of caffeine). The formula of Coca-Cola remains a trade secret; however, a variety of reported recipes and experimental recreations have been published. The secrecy around the formula has been used by Coca-Cola as a marketing aid because only a handful of anonymous employees know the formula. The drink has inspired imitators and created a whole classification of soft drink: colas.

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Coca-Cola formula in the context of Cola

Cola is a carbonated soft drink flavored with vanilla, cinnamon, citrus oils, and other flavorings. The name, however, comes from the kola nut (Cola acuminata), which imbues the beverage with caffeine (though other sources of caffeine are generally used in modern formulations). A stimulating soda using kola appeared circa 1880.

Cola became popular worldwide after the success of Coca-Cola, a trademarked brand and symbol of American capitalism which has been imitated by other manufacturers. In 1886, American pharmacist John Stith Pemberton finetuned his recipe for a soft drink; it also contained unspent coca leaf extract, and therefore cocaine. His non-alcoholic recipe was directly inspired by the coca wine of pharmacist Angelo Mariani, created in 1863. Local prohibition laws forced him to adapt his recent creation, French Wine Coca.

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