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.
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 sued PepsiCo on Friday for offering preferential pricing to a large retailer, whom a source familiar with the matter confirmed was Walmart. The practices fed high ...
The U.S. Federal Trade Commission sued PepsiCo on Friday for offering preferential pricing to a large retailer, whom a source familiar with the matter confirmed was Walmart .
The Robinson-Patman Act was passed in 1936, but the federal government stopped enforcing it during the deregulation of the 1980s. The FTC resumed its enforcement in December when it sued Southern Glazer’s, the largest U.S. distributor of wine and spirits.
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,
A Walmart spokesperson told CNN that the company ... Quaker and Gatorade, the FTC alleged. The benefits disadvantaged family-owned grocers, local convenience stores and even larger chains ...
Pepsi has made a statement saying that they do not agree with the accusations, whereas Walmart is basically ignoring what is happening and has refused to comment, according to Reuters. The lawsuit was filed on Friday (Jan. 17) in New York state, accusing Pepsi of violating the Robinson-Patman Act.
The FTC said the alleged activity forces many Americans to pay inflated prices for PepsiCo products unless they shop at this store.
Morningstar Research Services’ chief market strategist Dave Sekera discusses where stocks look especially expensive in the US today, as well as pockets of value.
The FTC on Friday filed a lawsuit against PepsiCo, Inc., alleging the company engaged in illegal price discrimination.