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0 0.000130335614206463 0.00162919517758227 0.000782013685239336 0.000521342456826224 0.000586510263929641 0.00130335614206575 -0.000130335614206649
Stock impact report

A new bill takes aim at retailers' sweetheart deals with suppliers — and would extend to apps like Uber Eats [Business Insider]

PepsiCo, Inc. (PEP) 
Last pepsico, inc. earnings: 4/28 06:03 am Check Earnings Report
US:NYSE Investor Relations: pepsico.com/investors
Spencer Platt/Getty Images This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in A new bill in Congress aims to prevent sweetheart pricing deals between companies, including on delivery apps Democratic Sen. Chris Murphy of Connecticut introduced the proposal on Thursday. It comes after allegations that Walmart and PepsiCo struck a deal to help the retailer undercut competitors on price. A new proposal in Congress would prevent companies from cutting special deals to keep prices high, including on your next Uber Eats order. The Fair Prices for Local Businesses Act, set to be introduced on Thursday by Democratic Sen. Chris Murphy of Connecticut, would bolster existing laws meant to prevent large companies from striking better deals with suppliers than their smaller rivals. "For decades, corporations have been allowed to break the law and rig the system to make small businesses pay higher pri Show less Read more
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