FTC Release: FTC Sues PepsiCo for Rigging Soft Drink Competition

Dow Jones

01/18

Pepsi's illegal conduct has forced consumers, competing retailers to pay higher prices

The Federal Trade Commission today sued PepsiCo, Inc. (Pepsi) alleging that the second-largest food company in the world has engaged in illegal price discrimination by providing one customer--a large, big box retailer--with unfair pricing advantages, while raising prices for competing retailers and customers.

View Press Release: https://www.ftc.gov/news-events/news/press-releases/2025/01/ftc-sues-pepsico-rigging-soft-drink-competition

(END) Dow Jones Newswires

January 17, 2025 11:05 ET (16:05 GMT)

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The Federal Trade Commission today sued PepsiCo, Inc.  alleging that the second-largest food company in the world has engaged in illegal price discrimination by providing one customer--a large, big box retailer--with unfair pricing advantages, while raising prices for competing retailers and customers.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"FTC":"First Trust Large Cap Growth Opp","PEP":"百事可乐"},"translate_title":"FTC发布：FTC起诉百事可乐操纵软饮料竞争","themeId":"2e4101e720073d649a2576a4bc935cd5","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FTC":1,"PEP":1},"content_text":"Pepsi's illegal conduct has forced consumers, competing retailers to pay higher prices \n\n\n     The Federal Trade Commission today sued PepsiCo, Inc. (Pepsi) alleging that the second-largest food company in the world has engaged in illegal price discrimination by providing one customer--a large, big box retailer--with unfair pricing advantages, while raising prices for competing retailers and customers. \n\n\n  View Press Release: https://www.ftc.gov/news-events/news/press-releases/2025/01/ftc-sues-pepsico-rigging-soft-drink-competition \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 17, 2025 11:05 ET (16:05 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}