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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.