解封文件披露：百事曾被指向沃爾瑪提供「特惠待遇」擠壓小零售商

農食網

2025/12/14

一份在拜登政府時期獲授權的反壟斷投訴近日被法院解封，內容顯示，百事PepsiCo Inc.曾向沃爾瑪Walmart Inc.提供其他零售商無法享有的特別產品促銷和折扣。該案件現已撤銷，但文件披露了監管機構如何指控這家飲料巨頭在對待最大客戶與小型商戶之間「厚此薄彼」。根據這份由聯邦貿易委員會（FTC）提起、現已被駁回的訴狀，PepsiCo被指對小型零售商收取的飲料價格高於對Walmart的價格，同時...

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09:05","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2591651140","market":"us","top_or_hot":-1,"title":"解封文件披露：百事曾被指向沃爾瑪提供「特惠待遇」擠壓小零售商","media":"農食網","content":"<div>\n<p>一份在拜登政府時期獲授權的反壟斷投訴近日被法院解封，內容顯示，百事PepsiCo Inc.曾向沃爾瑪Walmart Inc.提供其他零售商無法享有的特別產品促銷和折扣。該案件現已撤銷，但文件披露了監管機構如何指控這家飲料巨頭在對待最大客戶與小型商戶之間「厚此薄彼」。根據這份由聯邦貿易委員會（FTC）提起、現已被駁回的訴狀，PepsiCo被指對小型零售商收取的飲料價格高於對Walmart的價格，同時...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251214094802a448a682&s=b\">網頁鏈接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>解封文件披露：百事曾被指向沃爾瑪提供「特惠待遇」擠壓小零售商</title>\n<style 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href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251214094802a448a682&s=b\">網頁鏈接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251214094802a448a682&s=b\">農食網</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票月供概念","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251214094802a448a682&s=b","article_id":"2591651140","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251214094802a448a682&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, 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ACC","BK4597":"股息贵族","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4155":"大卖场与超市","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC"},"translate_title":"Unblocking documents disclosed: Pepsi was once pointed to Wal-Mart to provide \"preferential treatment\" to squeeze small retailers","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WMT":1.5},"content_text":"一份在拜登政府時期獲授權的反壟斷投訴近日被法院解封，內容顯示，百事PepsiCo Inc.曾向沃爾瑪Walmart Inc.提供其他零售商無法享有的特別產品促銷和折扣。該案件現已撤銷，但文件披露了監管機構如何指控這家飲料巨頭在對待最大客户與小型商户之間「厚此薄彼」。根據這份由聯邦貿易委員會（FTC）提起、現已被駁回的訴狀，PepsiCo被指對小型零售商收取的飲料價格高於對Walmart的價格，同時向Walmart提供額外的促銷款項、折扣和服務，卻未在「比例平等」的條件下向其他零售商開放類似優惠。FTC認為，這種差別待遇使包括便利店在內的小型零售商在銷售Pepsi、Mountain Dew與Rockstar Energy等飲料時處於不利地位。這宗案件的細節由一名聯邦法官在周四公開。解封決定源於反壟斷倡議組織Institute for Local Self-Reliance向法院提出的信息公開申請。FTC在當天提交給法院的一份文件中首次確認，在原始訴狀中被匿名為「某大型跨國連鎖零售商」的客户，就是Walmart。訴狀提到，PepsiCo自己在監管文件中也承認Walmart的關鍵地位。FTC援引該公司2023年的一份監管披露文件稱，PepsiCo當時提醒投資者，失去Walmart這一客户將對其業務產生「重大不利影響」。在FTC看來，這也解釋了PepsiCo為何向Walmart提供額外的促銷支付、費用減免和服務，「以保持Walmart的滿意」，卻未向Walmart的競爭對手在相應比例上提供類似好處。FTC委員會曾在1月以3票對2票的表決結果批准對PepsiCo提起訴訟，指控其違反法律，對小型零售商收取的價格高於對一家大型跨國連鎖商店的飲料價格。最初對外公布的投訴中，並未點名該連鎖零售商。後來，在特朗普上任後由共和黨委員主導的FTC，於5月決定撤銷訴訟。訴狀指控PepsiCo違反了一部很少被使用的上世紀30年代法律——《Robinson-Patman法案》。該法案禁止對零售商實施不合理的價格歧視。拜登任命的FTC主席Lina Khan曾主張更多運用這部法律，認為長期執行不足損害了小型零售商的處境。Walmart在一份聲明中表示，公司「始終致力於代表顧客進行談判，以便提供物有所值的商品和天天低價」，並強調FTC已經自願撤回了這起案件。PepsiCo沒有立即回應就投訴解封一事發出的置評請求，但在案件最初提起時，公司否認存在違法行為。FTC方面也未立即就解封訴狀作出評論。在本周早些時候，PepsiCo表示，作為與激進投資機構Elliott Investment Management達成協議的一部分，公司將下調部分核心品牌的價格。這一表態令市場重新關注PepsiCo的定價策略與零售關係。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}