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What is causing the decline of Oriental Trimex Limited (ORIENTALTL) ✌️【Financial Strategy】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. The Federal Trade Commission on Friday sued PepsiCo for allegedly engaging in illegal price discrimination with a large retailer.
What is causing the decline of Oriental Trimex Limited (ORIENTALTL) ✌️【Financial Strategy】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. The commissionallegesthat the retailer, whose name wasredactedin the statement from commissioners, received “unfair pricing advantages” that were not made available to others. A source familiar with the case told 【 - Free Investment Community 】 that the retailer is Walmart.
What is causing the decline of Oriental Trimex Limited (ORIENTALTL) ✌️【Financial Strategy】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. The big-box retailer “consistently” received promotional payments and advertising from PepsiCo, which owns major brands including Frito lay, Quaker and Gatorade, the FTC alleged. The benefits disadvantaged family-owned grocers, local convenience stores and even larger chains, according to the commission.
“When firms like Pepsi give massive retailers a leg up, it tilts the playing field against small firms and ultimately inflates prices for American consumers,” said FTC Chair Lina Khan in the commission’s announcement.
What is causing the decline of Oriental Trimex Limited (ORIENTALTL) ✌️【Financial Strategy】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. The 1936 Robinson-Patman Act, which prohibits advertising and promotional allowances to favor large customers over small businesses, was cited in the FTC’s announcement.
What is causing the decline of Oriental Trimex Limited (ORIENTALTL) ✌️【Financial Strategy】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. The commission voted 3-2 in favor of the lawsuit, which was filed in the US District Court for the Southern District of New York, withthe two Republican commissioners issuing dissenting votes.
“PepsiCo strongly disputes the FTC’s allegations, and the partisan manner in which the suit was filed. We will vigorously present our case in court,” the company said Friday in a statement, adding that it “does not favor certain customers by offering discounts or promotional support” to some retailers over others.
Commissioner Melissa Holyoaksaid in a dissenting statementthat the claim against PepsiCo is the “worst case” she has seen in her time with the FTC. She argued that the lawsuit was “rushed” and that the commission did not have enough evidence.
What is causing the decline of Oriental Trimex Limited (ORIENTALTL) ✌️【Financial Strategy】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. This lawsuit adds to the FTC’s efforts to crack down on anticompetitive practices using the Robinson-Patman Act, which has rarely been enforced since the late 1980s. PepsiCo said this is an “unprecedented expansion” of the act.
What is causing the decline of Oriental Trimex Limited (ORIENTALTL) ✌️【Financial Strategy】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Investment Community 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.
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