Story perspectives
FTC's Sealed Complaint Reveals Pepsi-Walmart Price-Fixing Scheme
12/14/2025
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Story summary
- A nonprofit forced the Trump administration to unseal a complaint from the Biden-era Federal Trade Commission (FTC) against Pepsi for allegedly colluding with Walmart to inflate food prices.
- The complaint indicates that FTC Chair Lina Khan and Commissioner Rebecca Slaughter, both Biden appointees, concealed details of the price-fixing scheme.
- Critics claim Pepsi's practices harm independent grocery stores and raise consumer prices.
- The FTC dropped the case after Pepsi hired lobbyists, delaying the complaint's unsealing.
- This situation raises concerns about market power and food affordability.
