By Investing.com — The US Federal Trade Commission (FTC) has filed a lawsuit on Friday against PepsiCo (NASDAQ:PEP) Inc.
This legal action invokes a seldom-used law from the 1930s known as the Robinson-Patman Act. This law prohibits price discrimination against retailers.
The lawsuit was filed in a federal court located in Manhattan. At this time, the specifics of the complaint against PepsiCo Inc. have not been made available.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
This post appeared first on investing.com