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bharat textiles and proofing industries limited (531029) stock trend analysis ✌️【Freelance Investing】✌️ Real-time global stock, futures, and exchange rate data to keep you informed of market trends and seize investment opportunities. The Federal Trade Commission on Friday sued PepsiCo for allegedly engaging in illegal price discrimination with a large retailer.

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bharat textiles and proofing industries limited (531029) stock trend analysis ✌️【Freelance Investing】✌️ Professional analysis of stock market dynamics with real-time data for India stocks, US stocks, and European stocks to help you make precise decisions. The big-box retailer “consistently” received promotional payments and advertising from PepsiCo, which owns major brands including Frito lay, Quaker and Gatorade, the FTC alleged. The benefits disadvantaged family-owned grocers, local convenience stores and even larger chains, according to the commission.

“When firms like Pepsi give massive retailers a leg up, it tilts the playing field against small firms and ultimately inflates prices for American consumers,” said FTC Chair Lina Khan in the commission’s announcement.

bharat textiles and proofing industries limited (531029) stock trend analysis ✌️【Freelance Investing】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. The 1936 Robinson-Patman Act, which prohibits advertising and promotional allowances to favor large customers over small businesses, was cited in the FTC’s announcement.

bharat textiles and proofing industries limited (531029) stock trend analysis ✌️【Freelance Investing】✌️ Free real-time global stock and futures trend data to help you analyze market movements and make fast investment decisions. The commission voted 3-2 in favor of the lawsuit, which was filed in the US District Court for the Southern District of New York, withthe two Republican commissioners issuing dissenting votes.

“PepsiCo strongly disputes the FTC’s allegations, and the partisan manner in which the suit was filed. We will vigorously present our case in court,” the company said Friday in a statement, adding that it “does not favor certain customers by offering discounts or promotional support” to some retailers over others.

Commissioner Melissa Holyoaksaid in a dissenting statementthat the claim against PepsiCo is the “worst case” she has seen in her time with the FTC. She argued that the lawsuit was “rushed” and that the commission did not have enough evidence.

bharat textiles and proofing industries limited (531029) stock trend analysis ✌️【Freelance Investing】✌️ Expert predictions of stock trends to help you select stocks accurately, achieve stable growth, and quickly recover from losses. This lawsuit adds to the FTC’s efforts to crack down on anticompetitive practices using the Robinson-Patman Act, which has rarely been enforced since the late 1980s. PepsiCo said this is an “unprecedented expansion” of the act.

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