The all-Republican commission abandoned a lawsuit accusing PepsiCo of providing Walmart with pricing advantages. The U.S. Federal Trade Commission on Thursday dismissed a price discrimination lawsuit against the drink and food giant PepsiCo, a move that former FTC Chair Lina Khan, who served under former President Joe Biden, called “disturbing behavior.” The lawsuit, filed only...
Trump claimed that companies were only saying costs will go up in order to “negotiate deals” with him. During his announcement of a trade deal with the United Kingdom on Thursday, President Donald Trump dismissed the idea that American consumers will face higher prices on goods still subject to his tariffs. Several companies have repeatedly...
In the wake of the 2008 financial crisis, the destructive impact of predatory lenders on the well-being of individual borrowers and the health of the broader economy became increasingly clear. In response, a growing number of political figures, led by Sen. Elizabeth Warren, pushed for the creation of an agency that would represent consumer interests...