FTC Accuses PepsiCo of Price Discrimination Favoring Walmart

The FTC has sued PepsiCo, alleging illegal price discrimination that favors Walmart over other retailers, which raises consumer prices. PepsiCo strongly disputes these allegations, asserting compliance with industry norms. The lawsuit, citing the Robinson-Patman Act, aims to promote equitable competition among retailers. Outgoing FTC Chair Lina Khan emphasized the need for fairness in the marketplace. The lawsuit also comes amid criticism of the FTC's timing and methods, as the commission undergoes leadership changes.