- The Federal Trade Commission is suing PepsiCo for allegedly giving an unnamed big box retailer more favorable prices than its competition.
- The unnamed retailer is Walmart, sources familiar with the matter told C온라인카지노사이트.
- Pepsi denied the allegations and called the lawsuit partisan.
The Friday that it is suing for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more favorable prices than its competition.
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WATCH HEREis the unnamed retailer, people familiar with the matter told C온라인카지노사이트.
The FTC alleges Pepsi violated the Robinson-Patman Act, which bars sellers from giving competing buyers different prices for the same "commodity" or selectively providing allowances, like compensation for advertising. The agency argues Pepsi gave Walmart promotional payments and allowances, as well as advertising and promotional tools, that it didn't offer to the retail giant's rivals.
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SIGN UP Pepsi denied the allegations and said the FTC's lawsuit is wrong, both factually and legally.
"PepsiCo strongly disputes the FTC's allegations, and the partisan manner in which the suit was filed. We will vigorously present our case in court," the company said in a statement to C온라인카지노사이트. "PepsiCo's practices are in line with industry norms and we do not favor certain customers by offering discounts or promotional support to some customers and not others."
Walmart did not immediately respond to a request for comment from C온라인카지노사이트.
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The complaint, which was filed in the Southern District of New York, is currently sealed.
The FTC also said that a "substantial portion" of the alleged violations are redacted in the lawsuit, citing legal protections given to Pepsi and the large, big box retailer. The commission is seeking to lift the redactions to show how Pepsi broke the law and how those alleged actions led to higher prices for competing retailers.
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 , the largest U.S. distributor of wine and spirits.
The lawsuit comes on the final business day before President-elect Donald Trump's inauguration on Monday, which will spell the end of Lina Khan's time as chair of the FTC. Her Republican successor, Andrew Ferguson, currently serves on the commission and released a statement dissenting against the decision to sue Pepsi.
The Biden administration has taken of and corporate executives in its final days, targeting Capital One, Southwest Airlines and Elon Musk, among others.
— C온라인카지노사이트's contributed reporting for this story.
