Beginning in the 1970s, PepsiCo had acquired several fast food restaurant chains, including Kentucky Fried Chicken, Pizza Hut, and Taco Bell, as an adjunct to its soda business. It required that those chains serve only Pepsi-Cola. Other fast food chains, such as McDonald’s, saw PepsiCo as a competitor and refused to sell PepsiCo products. PepsiCo […]