The lawsuit, filed on 17 January 2025, contends that PepsiCo's preferential treatment of a retailer constituted a breach of the Robinson-Patman Act (RPA), a legislation designed to protect fair competition by prohibiting anticompetitive price discrimination.
FTC accuses PepsiCo of illegal price discrimination, benefiting Walmart. Read about the lawsuit, PepsiCo’s response, and what it means for fair competition.
FTC Chair Lina Khan stated that allowing such a merger would have created “a market that is less competitive and more susceptible to price manipulation.” Consumer advocacy groups had also argued that smaller suppliers and independent grocers would struggle to compete with a retail behemoth, potentially forcing local stores out of business.
Video above: Pepsi unveils new logo ahead of 125th anniversary A Walmart spokesperson told CNN ... Quaker and Gatorade, the FTC alleged. The benefits disadvantaged family-owned grocers, local ...
A major consumer protection rule designed to prevent hidden fees and misleading pricing is overturned, sparking debate over transparency in car sales.
When Andrew N. Ferguson took the helm last week at the FTC, his first act wasn't to announce new ways to crack down on corporate practices thought to be unfairly driving up consumer prices, it was to attack federal diversity and inclusion efforts as a "scourge.
PepsiCo, Inc. (NASDAQ:PEP), a global leader in the food and beverage industry with a market capitalization of $208.7 billion, is navigating a challenging market environment as it seeks to maintain its competitive edge and drive growth.
In 2021, the FDA approved a new insulin drug, Semglee, that was interchangeable with a brand-name insulin called Lantus. Lantus cost $292 for a 30-day supply. Drugmaker Viatris launched two
Amazon's e-commerce dominance, bolstered by AI personalization, in my opinion, ensures continued top-line growth and stock outperformance against the S&P 500. Read more here.
The pitch was so convincing that it made history on Shark Tank, bringing all five Sharks – Cuban, Kevin O'Leary, Daymond John, Lori Greiner and Robert Herjavec – together to invest a combined $1 million for a 30% stake,
As of now, the Chinese-based TikTok app remains unavailable in the United States App Store on iPhone, as the company failed to sell itself to a US owner, before last week’s ban came into effect.
Walmart’s latest brand and logo update has left some social media users baffled. On Jan. 13, the company announced in a press release on its website that it was launching a “comprehensive ...