Robert Besser
28 May 2025, 00:26 GMT+10
NEW YORK CITY, New York: This week, the U.S. Federal Trade Commission (FTC) dropped its lawsuit against PepsiCo, which had accused the company of giving Walmart better prices than other stores.
The case claimed this was unfair and violated the Robinson-Patman Act, which hasn't been used much in recent years.
The case was filed in New York on January 17, just before President Donald Trump took office. Current FTC Chairman Andrew Ferguson criticized former Chair Lina Khan for rushing the case, saying, "Taxpayer dollars should not be used for legally questionable political stunts."
PepsiCo said it always offers fair and competitive prices, discounts, and promotions to all customers. Walmart has not commented yet.
The FTC had argued that PepsiCo's pricing gave Walmart an unfair advantage and hurt other stores—both big grocery chains and small convenience shops—leading to higher prices for shoppers.
Khan posted on social media platform X that the dismissal of the case was "a gift to giant retailers as they gear up to hike prices. "
Get a daily dose of Business Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Business Sun.
More InformationNEW YORK CITY, New York: This week, the U.S. Federal Trade Commission (FTC) dropped its lawsuit against PepsiCo, which had accused...
WASHINGTON, D.C.: New single-family home sales in the U.S. rose sharply in April to their highest level in over three years as builders...
MINNETONKA, Minnesota: UnitedHealth shares took a sharp hit this week, after a report by the UK's Guardian alleged the healthcare giant...
HUNG YEN, Vietnam: A new US$1.5 billion luxury golf and residential project backed by the Trump Organization officially broke ground...
SYDNEY, Australia: Australian businesses are feeling optimistic about their prospects in China despite escalating global trade tensions,...
DUBLIN, Ireland: The Bank of Ireland has announced an ambitious new target to support the construction of 30,000 homes across the country,...
WASHINGTON, D.C.: A Florida mother, Megan Garcia, is suing Google and AI startup Character.AI, claiming their chatbot played a role...
Raipur (Chhattisgarh) [India], May 27 (ANI): India's first AI-centric Special Economic Zone (SEZ) is being established in Nava Raipur,...
HT Syndication New Delhi [India], May 27: Data loss can be a nightmare for both individuals and businesses--even more so when the...
HT Syndication Pune (Maharashtra) [India], May 26: Finding the ideal credit card is simpler than ever with Bajaj Markets, a financial...
More than 40 teams from 18 countries took part in the competition during the Positive Hack Days (PHDays Fest) event ...
The US tech billionaire has recently said he plans to reduce his role in President Donald Trumps administration Elon Musk has said...