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PepsiCo and Walmart Face Class-Action Price-Fixing Lawsuit

12/17/2025

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Story summary
  • The lawsuit, Martin Gelbspan et al v. PepsiCo Inc and Walmart Inc, was filed in the U.S. District Court, Southern District of New York, accusing a decade-long price-fixing scheme.
  • The plaintiffs seek class-action status for millions of Pepsi consumers.
  • PepsiCo denies wrongdoing and says it complies with laws, while Walmart says it remains committed to customer value.
  • The case follows a previously dropped FTC case against Pepsi for similar allegations.