FTC claimed Walmart got unfair pricing advantages from PepsiCo [Yahoo! Finance]
Walmart Inc. (WMT)
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Source: Yahoo! Finance
The Federal Trade Commission claimed Walmart received unfair pricing advantages from PepsiCo, according to the newly unsealed complaint for the government's lawsuit against PepsiCo that was dismissed earlier this year. The FTC alleged that PepsiCo violated the Robinson-Patman Act by giving Walmart a lower average retail price than its competitors. “To keep Walmart happy, Pepsi provides Walmart with promotional payments, allowances, and services while failing to make similar benefits available to Walmart's competitors on proportionally equal terms,” the FTC's complaint stated. The unsealed complaint comes as grocery players keep a watchful eye on Walmart's grocery momentum. The lawsuit, which was filed in January and dismissed without prejudice by the FTC Commission in May, placed PepsiCo at the center of price rigging allegations. The unsealed complaint, which was made public on Thursday, provides a fuller picture of the players that the FTC had its eye on. In the complaint,
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WMT
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