Although there are millions of options to choose from, Americans have their preferred soda brands, with Coca-Cola, Dr. Pepper, and Pepsi being among the most popular in terms of generated revenue. Related: PepsiCo makes surprising move with irresistible snack food brand PepsiCo is an American multinational food,
In a huge lawsuit, the U.S. Federal Trade Commission alleges that food and drink giant Pepsi engaged in pricing tactics unfair to both retailers and consumers.
The FTC is suing PepsiCo for allegedly rigging the market by offering “unfair pricing advantages” that can contribute to inflation.
The Federal Trade Commission is suing Pepsi for its special deals with a company whose name is redacted. Industry experts point to Walmart, the largest U.S. retailer, as the likely company, which is not accused of wrongdoing. The FTC alleges that because ...
The Federal Trade Commission on Friday filed a lawsuit against PepsiCo, Inc., alleging the company engaged in illegal price discrimination by giving an unnamed "large, big box" retailer unfair pricing advantages, while raising prices for others.
The commission alleges that the retailer, whose name was redacted in the statement from commissioners, received “unfair pricing advantages” that were not made available to others.
The practices fed high consumer prices by placing at a disadvantage other retailers, from large grocery chains to independent convenience stores, the FTC said. “PepsiCo strongly disputes the FTC ...
Outgoing FTC Chair Lina Khan sues Pepsi for violating Robinson-Patman Act.
Walmart is the unnamed retailer, people familiar with the matter told CNBC. The FTC alleges Pepsi violated the Robinson-Patman Act, which bars sellers from giving competing buyers different prices for the same “commodity” or selectively providing ...
"When firms like Pepsi give massive retailers a leg up, it tilts the playing field against small firms and ultimately inflates prices for American consumers," said FTC Chair Lina Khan in the ...
Walmart is the unnamed retailer, people familiar with the matter told CNBC. The FTC alleges Pepsi violated the Robinson-Patman Act, which bars sellers from giving competing buyers different ...
"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,