Pepsi Stock In Focus As FTC Sues Consumer Giant For Alleged Price Discrimination: Retail’s Cautious
Shares of PepsiCo ($PEP) were in the spotlight on Friday after the Federal Trade Commission announced it plans to sue the consumer giant on allegations of price discrimination, with retail sentiment turning cautious.
PepsiCo disputes FTC pricing allegations
A substantial portion of the FTC’s allegations were redacted in the complaint due to the legal protections afforded to both PepsiCo and the retailer, according to the FTC.
FTC sues PepsiCo, alleges 'rigged' soft drink competition
The Federal Trade Commission on Friday filed a lawsuit against PepsiCo, Inc., alleging the company engaged in illegal price discrimination by giving an unnamed "large, big box" retailer unfair pricing advantages, while raising prices for others.
Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing
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.
Suit accuses Pepsi company of price discrimination
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
FTC sues Pepsi for illegal pricing practices, driving inflation
The FTC is suing PepsiCo for allegedly rigging the market by offering “unfair pricing advantages” that can contribute to inflation.
FTC sues PepsiCo for alleged price discrimination
The US Federal Trade Commission (FTC) has launched legal action against PepsiCo, accusing the company of engaging in “illegal price discrimination” within soft drinks. According to the FTC’s allegations,
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PepsiCo CEO Ramon Laguarta states his case to those in the new Trump administration possibly eyeing the health of the food ...
Think You Know PepsiCo? Here's 1 Little-Known Fact You Can't Overlook.
That said, PepsiCo's financial performance is a bit weak today and there are some big-picture concerns around the consumer ...
Is PepsiCo, Inc. (PEP) the Best Stock to Invest In For Steady Dividends?
We recently compiled a list of the 15 Stocks to Invest in with Steady Dividends. In this article, we are going to take a look ...
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PepsiCo distribution changes to see jobs cut in Spain, union says
PepsiCo is to axe 250 jobs in Spain amid changes to how the US giant locally distributes its products, trade union officials ...
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Pepsi sued for allegedly violating decades-old law by giving exclusive discounts to Walmart
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 ...
PepsiCo: A Blue-Chip Stalwart Capable Of Funding And Growing Its Dividend
PepsiCo, an American multinational food, snack, and beverage corporation, is now a $196 billion (by market cap) snack and ...
PepsiCo finalizes $1.2B purchase of Austin-based Siete Foods
It was announced in October that the popular Austin-based Mexican-American food brand would be acquired by the multinational ...
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Pepsi Set To Stage 'NOLA Eats Fest' During Super Bowl Weekend
The fest will include a "Super Bowl Boil" crowning the city's top seafood boil, and a pop-up with custom Pepsi flavors.