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bew engineering a proxy play on pharma and chemical sector ✌️【Free Access】✌️ Free stock selection service to help you quickly pick high-return stocks for stable growth. The Federal Trade Commission on Friday sued PepsiCo for allegedly engaging in illegal price discrimination with a large retailer.

bew engineering a proxy play on pharma and chemical sector ✌️【Free Access】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. 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 Top-Rated Stock Analysis 】 that the retailer is Walmart.

bew engineering a proxy play on pharma and chemical sector ✌️【Free Access】✌️ Free real-time stock index quotes to help you quickly seize market opportunities and achieve 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.

bew engineering a proxy play on pharma and chemical sector ✌️【Free Access】✌️ Precise predictions of high-potential stocks to help you avoid risks and quickly recover and grow. 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.

bew engineering a proxy play on pharma and chemical sector ✌️【Free Access】✌️ Real-time global stock, futures, and exchange rate data to keep you informed of market trends and seize investment opportunities. 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.

bew engineering a proxy play on pharma and chemical sector ✌️【Free Access】✌️ Expert predictions of market trends to help you plan the best investment strategy for steady capital 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.

bew engineering a proxy play on pharma and chemical sector ✌️【Free Access】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. 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 Top-Rated Stock Analysis 】. 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.

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