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Pepsi, Coke soda pricing targeted in new federal probe
- amalgamated_inc 4y agoYes, expensive soda is the problem of our times.
- weakfortress 4y agoYou are aware you can have more than one big problem right? I drink too much diet soda. The cost of a 12 pack has more than doubled in over a year. There are now cheaper 12 packs of rot gut beer than soda. Price gouging should be stopped everywhere. The soda companies have taken full advantage of the pandemic and should be punished at the very least for colluding.
- ksniwmidjd 4y ago[dead]
- bruceb 4y agoThis isn't raising the price of a necessity such as food or gas during a storm. It isn't price gouging as it is commonly understood. Just don't buy it. I do understand the govt looking into it for reasons of keeping a slightly more level playing field between large and small retailers. from the article: The companies’ pricing strategies are being scrutinized under an obscure law known as the Robinson-Patman Act, the people said. The law prohibits suppliers from offering better prices to large retailers at the expense of their smaller competitors. The largely dormant 1936 law is aimed at promoting a level playing field between small retailers and large chain stores.
- niij 4y agoIt's soda, not a basic human right. Don't buy it, buy the competitor/offbrand, soda stream, whatever.
- amalgamated_inc 4y agoEverything I like is a human right
- antifa 4y agoOffbrand also increased at approximately the same rate.
- weakfortress 4y ago[dead]
- scohesc 4y agoLet's not look at politicians and senators insider trading. Let's not look at simplifying the tax code to make it easier/cheaper/free for normal people to file taxes and harder for the rich and powerful to hide their wealth. Let's not look at the earth's climate changing and how we're going to need to adapt to that in the coming decades. Yes - let's look at how (honestly quite delicious and addictive) sugar water and their shills are using preferential pricing from a century's old law. Keep being distracted with petty squabbles, and we won't see the wool being pulled over our eyes for the things that _really_ matter.
- bsder 4y agoAny and all anti-trust actions are good things. Many of the problems we are currently experiencing are due to the fact that there is no real competition between companies. It looks like there is, but when you trace the supply chain backwards you eventually converge to a single supplier. Consequently, it doesn't matter how you spend your money because it always lands in the same company. Sure, expensive fizzy water seems like a First World Problem(tm). However, PepsiCo and Coke are huge conglomerates and any action against them is welcome.
- deleted 4y ago[deleted]
- freejazz 4y ago"Keep being distracted with petty squabbles, and we won't see the wool being pulled over our eyes for the things that _really_ matter." Not with your contributions. Thank you for your service.
- xen2xen1 4y agoI would agree, but there are lots and lots of rackets going on right now, so I'm not going to complain. I might complain that they are not ALSO going after others, but not for this? Have you heard about why all the McDonald's ice cream machines are messed up all theantic time? 100% anticompetitive monopoly bullcrap. It's just ice cream, but it's still bad for consumers, and stupid.
- deleted 4y ago[deleted]
- iKnowKungFoo 4y agoLike how is a 20oz at the gas station $2.50 and a 2 liter at the grocery store ALSO $2.50?
- zugi 4y agoCoke and Pepsi are cheap enough. A trillion dollars a year is being added to the national debt, and this is how the government chooses to spend our tax dollars? Ridiculous.