So, there was this whole thing with PepsiCo and Walmart, right? A suit was filed, alleging that PepsiCo was playing favorites by giving Walmart bigger discounts than other customers. Like, not cool, right? It was all under this old law called the Robinson-Patman Act from back in the day.
But get this, the Federal Trade Commission (FTC) just voted to drop the whole antitrust suit against PepsiCo. Commissioner Andrew Ferguson, who’s now the big boss, said it’s not about saying the law doesn’t matter. He thinks it’s still a legit law that needs to be enforced. But, you know, the FTC has limited resources, so they gotta pick their battles wisely.
Not really sure why this matters, but it seems like the FTC is all about focusing on cases they know they can win. So, I guess PepsiCo dodged a bullet this time. But hey, who knows what will happen next, right? That’s the drama of antitrust for you.
