Overview
- The Federal Trade Commission, now led by Republicans, voted 3-0 to dismiss a lawsuit accusing PepsiCo of price favoritism toward large retailers like Walmart.
- FTC Chair Andrew Ferguson criticized the case as a politically driven effort rushed through in the final days of the Biden administration.
- The lawsuit was filed under the rarely used Robinson-Patman Act, marking the first such enforcement attempt by the FTC since 2000.
- Democratic lawmakers are still investigating PepsiCo's pricing strategies, seeking further information about potential price-gouging practices.
- The FTC’s current composition, with three Republican commissioners following the removal of two Democrats by President Trump, faces ongoing legal challenges over its legitimacy.