Democrats push Pepsi to prove it doesn't offer sweetheart pricing to big retailers
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Democrats push Pepsi to prove it doesn't offer sweetheart pricing to big retailers
Top-ranking Democrats are pressing Pepsi for information on its pricing, renewing pressure on a major consumer brand as inflation concerns persist under the new Republican administration.The letter, sent Sunday evening by Sen. Elizabeth Warren of Massachusetts, Sen. Cory Booker of New Jersey and Rep. Jerry Nadler of New York and seen by NBC News, asks Pepsi to explain alleged disparities in the prices it charges big-box chains versus smaller retailers. It asks the beverage and snack foods giant to respond by May 25 with details on how it charges retailers for its products, and whether the company or its subsidiaries ..