The Federal Trade Commission is launching a lawsuit against PepsiCo over price discrimination against smaller grocery chains by favoring Walmart.
The US Federal Trade Commission sued PepsiCo alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one retailer.
The commission alleges that the retailer, whose name was redacted in the statement from commissioners, received “unfair pricing advantages” that were not made available to others.
The FTC said the alleged activity forces many Americans to pay inflated prices for PepsiCo products unless they shop at this store.
The FTC has just announced that it's suing PepsiCo over an illegal practice it claims the company has been engaged in for years. Here's what to know.