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pfizer limited (pfizer) gets regulatory approval ✌️【Stock Selection】✌️ Precise stock selection to help you successfully plan investment strategies for stable returns. The Federal Trade Commission on Friday sued PepsiCo for allegedly engaging in illegal price discrimination with a large retailer.

pfizer limited (pfizer) gets regulatory approval ✌️【Stock Selection】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. The commissionallegesthat the retailer, whose name wasredactedin the statement from commissioners, received “unfair pricing advantages” that were not made available to others. A source familiar with the case told 【 - Free Stock Movement Tracking 】 that the retailer is Walmart.

pfizer limited (pfizer) gets regulatory approval ✌️【Stock Selection】✌️ Expert predictions of market trends to help you plan the best investment strategy for steady capital growth. 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.

pfizer limited (pfizer) gets regulatory approval ✌️【Stock Selection】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. 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.

pfizer limited (pfizer) gets regulatory approval ✌️【Stock Selection】✌️ Provides real-time stock index quotes, futures data, and global market trend analysis to help you seize the best investment timing. 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.

pfizer limited (pfizer) gets regulatory approval ✌️【Stock Selection】✌️ Free stock selection service to help you quickly pick high-return stocks for stable growth. 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.

pfizer limited (pfizer) gets regulatory approval ✌️【Stock Selection】✌️ Expert predictions with real-time global stock and futures data to help you easily capture market movements. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Movement Tracking 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

pfizer limited (pfizer) gets regulatory approval ✌️【Stock Selection】✌️ Free real-time market data to help you quickly recover and avoid losses.