Story perspectives
FTC Sues PepsiCo Over Alleged Unfair Pricing Practices
1/20/2025
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Story summary
- The FTC has filed a lawsuit against PepsiCo for allegedly providing unfair pricing advantages to a major retailer, raising consumer prices.
- This lawsuit is one of the final actions taken by the Biden administration, referencing a law from the Great Depression.
- PepsiCo has denied the allegations, asserting its practices are consistent with industry standards.
- The FTC's decision to proceed with the lawsuit was a narrow 3-2 vote, with dissent from Republican Commissioner Holyoak.
