Federal Trade Commissioner Melissa Holyoak. Courtesy photoFTC Sues PepsiCo for Alleged Price Break to Big-Box Retailer, Incurs Holyoak's Wrath
"Today's complaint against Pepsi is wholly deficient, not only because the pleadings fail to state a claim, but because the Majority rushed the case out the door before it had evidence to support the allegations," wrote Federal Trade Commissioner Melissa Holyoak.
January 17, 2025 at 06:39 PM
5 minute read
On her final business day as Federal Trade Commission chair, Lina Khan—with the Democratic majority—voted Friday to sue PepsiCo Inc. for allegedly giving a big-box retailer unfair pricing advantages in violation of a law little-used in the last two decades.
But like a Pepsi can shaken then opened, Republican FTC Commissioner Melissa Holyoak exploded at the majority's legal reasoning, calling it "the worst case I have seen in my time at the Commission."
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