Pepsi accused of illegal pricing deals with 'a large, big box retailer' in U.S. lawsuit
Source: NPR
January 17, 2025 12:44 PM ET
A new federal lawsuit accuses Pepsi of rigging competition by offering unfair deals to a large big-box store at the expense of rival retailers, resulting in higher prices for shoppers.
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 Pepsi did not offer the same deals to others that sell its products, it put other retailers "ranging from large grocery chains to independent, local convenience stores" at a disadvantage. Pepsi described the lawsuit as "wrong on the facts and the law."
The case is part of the FTC's recent revival of a long-dormant law to try to crack down on high grocery prices, which have been topping Americans' economic concerns. The 1936 law prohibits suppliers from giving preferential treatment to big companies over smaller ones, though with caveats.
Read more: https://www.npr.org/2025/01/17/nx-s1-5265348/ftc-pepsi-prices-lawsuit-unfair-treatment
Link to FTC PRESS RELEASE - FTC Sues PepsiCo for Rigging Soft Drink Competition
msfiddlestix
(7,921 posts)Oopsie Daisy
(4,762 posts)Glad they got caught.
cstanleytech
(27,247 posts)Assuming they win which I doubt ultimately they will should it reach a 6*3 or more conservative SCOTUS.