FTC Nixes Antitrust Lawsuit Against PepsiCo Over Pricing

PepsiCo Inc. scored a major legal victory Thursday after the three members of the US Federal Trade Commission voted unanimously to dismiss an antitrust lawsuit that was filed at the very end of the Biden Administration.

The FTC sued Pepsi on January 17, with the commissioners voting along partisan lines to use a rarely invoked 1930s law called the Robinson-Patman Act that bars price discrimination against retailers.

Former FTC Chair Lina Khan voted for the case at the time, along with the two other Democrats, over the objections of their Republican colleagues.

One of those, Andrew Ferguson, is now ...