The lawsuit, filed on 17 January 2025, contends that PepsiCo's preferential treatment of a retailer constituted a breach of the Robinson-Patman Act (RPA), a legislation designed to protect fair competition by prohibiting anticompetitive price discrimination.
The lawsuit is the second Robinson-Patman Act case filed by the FTC during the Biden administration. In December, the FTC sued alcohol distributor Southern Glazer’s Wine and Spirits LLC for charging mom-and-pop grocers higher prices than large retail chains.
"Today's complaint against Pepsi is wholly deficient, not only because the pleadings fail to state a claim, but because the Majority rushed the case out the door before it had evidence to support the allegations,
The FTC is suing PepsiCo for allegedly rigging the market by offering “unfair pricing advantages” that can contribute to inflation.
A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer.
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.
Pepsi denied the allegations and said the FTC's lawsuit is wrong, both factually and legally. "PepsiCo strongly disputes the FTC's allegations, and the partisan manner in which the suit was filed.
PepsiCo, Inc. (NASDAQ:PEP), a global leader in the food and beverage industry with a market capitalization of $206.5 billion, finds itself navigating a complex market landscape as it enters 2025. The company,
Company’s conduct has forced competing retailers, including convenience stores, to pay higher prices, agency says
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JPMorgan lowered the firm’s price target on PepsiCo (PEP) to $165 from $183 and keeps a Neutral rating on the shares ahead of the Q4 report on