US Edition
FTC drops Biden-era suit accusing Pepsi of price discrimination
- The Federal Trade Commission, now led by Republicans, decided to drop a January lawsuit in New York that accused PepsiCo of providing Walmart with unfair pricing benefits.
- The lawsuit was initiated by the prior Democratic-led FTC under Chairwoman Lina Khan days before President Trump took office, with Democratic Commissioners supporting and Republicans dissenting.
- The case was based on the seldom-invoked Robinson-Patman Act of 1936, which prohibits offering promotional incentives that give preferential treatment to large buyers over smaller rivals.
- FTC Chair Andrew Ferguson called the lawsuit a “dubious partisan stunt” rushed days before Trump's inauguration and said “taxpayer dollars should not be used” on such cases, while PepsiCo claimed fair and non-discriminatory pricing.
- The dismissal ends this legal challenge but drew criticism from former Chair Khan as a “gift to giant retailers” and may influence future enforcement of price discrimination laws.
24 Articles
24 Articles
Critics of FTC’s Decision to Drop PepsiCo Suit Say Consumers Will Pay the Price
The U.S. Federal Trade Commission on Thursday dismissed a price discrimination lawsuit against the drink and food giant PepsiCo, a move that former FTC Chair Lina Khan, who served under former President Joe Biden, called “disturbing behavior.” The lawsuit, filed only a few days before U.S. President Donald Trump returned to the White House, accused PepsiCo of providing a big box retailer… Source
FTC Dismisses Lawsuit Against PepsiCo Filed Under Biden Admin
The Federal Trade Commission (FTC) voted Thursday to dismiss a lawsuit against PepsiCo that was filed in the final days of the Biden administration, which had accused the food and beverage giant of price discrimination. The Republican-controlled agency voted 3–0 to dismiss the legal challenge without prejudice, meaning it could hypothetically be refiled against the company at a later date. FTC Chairman Andrew Ferguson said the lawsuit had been “…
FTC Scraps PepsiCo Price Discrimination Case In 3-0 Vote, Marking Major Shift As Trump-Era Leadership Reverses Biden Crackdown - CVS Health (NYSE:CVS), Cigna Group (NYSE:CI)
The Federal Trade Commission voted 3-0 on Thursday to dismiss a lawsuit against PepsiCo Inc. (NASDAQ:PEP) that accused the beverage giant of offering preferential pricing to major retailers, marking a significant shift from former President Joe Biden-era corporate scrutiny under the President Donald Trump administration. What Happened: The FTC dropped the case filed in January’s final days of the Biden administration, with NBC News reporting tha…
Associated Press News
FTC dismisses lawsuit against PepsiCo that was filed by Biden-era FTC
The Republican-controlled Federal Trade Commission has voted to dismiss a lawsuit against PepsiCo that the previous commission filed in the waning days of the Biden administration.
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