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 Federal Trade Commission on Friday sued PepsiCo for allegedly engaging in illegal price discrimination with a large retailer. The commission alleges that the retailer, whose name was redacted in the statement from commissioners,
The FTC is suing PepsiCo for allegedly rigging the market by offering “unfair pricing advantages” that can contribute to inflation.
The US Federal Trade Commission is suing PepsiCo over allegations that it engaged in illegal price discrimination by providing Walmart with unfair advantages.
Outgoing agency Chair Lina Khan has filed a raft of measures during her last week in office.
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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 lawsuit filed in New York alleges the soft drink manufacturer violated the Robinson-Patman Act, a law that went largely unenforced for decades by the federal government. Walmart declined to comment.
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