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PepsiCo Newsroom
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Recently, USA President Trump stated that he might impose a 25% tariff on Canada and Mexico starting from February 1.
PepsiCo's $1.2B Buyout of Siete to Strengthen Its Food Portfolio
The USA FTC has accused Pepsi of providing exclusive discounts to Walmart, putting Other Retailers at a disadvantage.
On January 20, Gelonghui reported that the Federal Trade Commission (FTC) in the USA filed a lawsuit against PepsiCo last Friday, accusing it of providing preferential pricing to a major retailer, which sources confirmed to be Walmart. The FTC stated that these practices put Other Retailers (from large chain grocery stores to independent convenience stores) at a disadvantage, resulting in higher prices for Consumers. PepsiCo expressed in a statement: “We strongly oppose the Federal Trade Commission's allegations.”
PEPSICO CONCLUYE LA ADQUISICIÓN DE SIETE FOODS
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FTC Sues PepsiCo, Alleges Illegal Price Discrimination In Favor Of Big Box Retailer
PepsiCo (PEP.US) is being sued by the U.S. Trade Commission for price discrimination against retailers.
The Federal Trade Commission of the USA stated that PepsiCo (PEP.US) charges small retailers a higher distribution price for products compared to the beverage prices sold to large multinational chains, resulting in price discrimination against retailers, which violates the law. According to foreign media, informed sources revealed that the complaint did not disclose the names of specific retailers, but the chain store is Walmart (WMT.US). The Federal Trade Commission claimed that Walmart allegedly benefits from promotional payments, advertising, or compensation for other services from PepsiCo, but has not been accused of any wrongdoing.
Express News | The USA regulatory institutions filed a lawsuit against PepsiCo for offering discounts to Walmart, suspected of violating price discrimination laws.
Express News | US Sues Pepsi Over Discounts to Walmart That Allegedly Violated Price Discrimination Law – Source