business / markets
5 hours ago

FTC Sues PepsiCo for Alleged Price Discrimination Favoring Walmart

FTC Sues PepsiCo for Alleged Price Discrimination Favoring Walmart
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7 Highlights
  • FTC sues PepsiCo for illegal price discrimination.
  • PepsiCo allegedly gave Walmart better prices than rivals.
  • FTC files lawsuit in Southern District of New York.
  • FTC argues violations of the Robinson-Patman Act.
  • PepsiCo denies breaking the law, citing industry standards.
  • FTC wants lawsuit redactions removed to reveal details.
  • Outgoing FTC Chair Lina Khan supports enforcing the Act.
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