The US Federal Trade Commission sued PepsiCo Inc. Friday under a rarely invoked 1930s law called the Robinson-Patman Act that bars price discrimination against retailers.
According to the FTC’s complaint, Pepsi has been providing unfair pricing advantages to one of its largest customers—a major big box retailer—while raising prices for competing retailers and customers. Reuters reports that the retailer is none other than Walmart Inc. WMT , citing a source familiar with the discussions.
The FTC sued PepsiCo on Jan. 17, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to Walmart at the expense of other vendors and consumers.
"Much of Walmart’s market dominance can be attributed to its use of this illegal and anti-competitive tactic," says Stacy Mitchell
The Federal Trade Commission filed a lawsuit against PepsiCo ( NASDAQ: PEP) on Friday for alleged illegal price discrimination. The FTC alleges that the food and beverage giant has been providing unfair pricing advantages to a large,
The FTC has filed a lawsuit against PepsiCo, accusing it of illegal price discrimination by giving preferential pricing to Walmart, disadvantaging other retailers and customers. PepsiCo disputes these allegations,
The US Federal Trade Commission (FTC) on Friday sued PepsiCo in a last-minute blitz of lawsuits before the end of the Joe Biden administration, alleging that the beverage giant forced many consumers to pay higher prices by giving Walmart unfair pricing advantages,
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 Federal Trade Commission is launching a lawsuit against PepsiCo over price discrimination against smaller grocery chains by favoring Walmart.
The US Federal Trade Commission sued PepsiCo alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one retailer.
The Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one large retailer at the expense of other vendors and consumers.