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Top related persons:
Lina Khan - 3 Robinson - 3 Beam - 2 Bell - 1 Nate Thooft - 1 I’m - 1 that’s - 1 Yoonjung Seo - 1
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Miami United States Southern New York South Korea Washington , Florida
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Federal Trade Commission - 3 Southern - 3 Politico - 3 CNN - 2 Biden - 2 FTC - 2 CNN Business - 1 Bell - 1

Search resuls for: "Patman"


5 mentions found


☆ Americans tired of sky-high borrowing costs will be disappointed this week
  + stars: | 2024-06-10 | by ( Krystal Hur | ) edition.cnn.com   time to read: +7 min
New York CNN —Another month, another hot jobs report that has Wall Street wondering when the Federal Reserve will finally cut interest rates. On the other, it puts long-awaited interest rate cuts from the Federal Reserve on the back burner. Before the Bell: Do you think the Fed could lower its projection for three quarter-point rate cuts this year? Is it concerning that the European Central Bank and Bank of Canada have begun cutting rates before the Fed? A Samsung spokesperson told CNN that, “there is no impact on production and management activities” as a result of the one-day walkout.
Persons: Bell, Nate Thooft, I’m, that’s, Yoonjung Seo, —, Son Woomok, Matt Egan, Lina Khan, Beam, Robinson Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Manulife Investment Management, Reserve, European Central Bank, Bank of Canada, European Central Bank and Bank of Canada, Workers, Samsung Electronics, Nationwide Samsung Electronics Union, CNN, Reuters, Samsung, SK Hynix, Micron Technology, Federal Trade Commission, Southern, Biden, FTC, Politico Locations: New York, South Korea, Miami, United States
☆ How a Depression-era law could be used to make your booze cheaper
  + stars: | 2024-06-07 | by ( Matt Egan | ) edition.cnn.com   time to read: +7 min
Southern Glazer’s, based in Miami and operating in 44 US states, is the largest wine and spirits distributor in the United States. Abandoned antitrust law from 1936The FTC lawsuit, previously reported by Politico, could come in the next few weeks and would rely on the Robinson-Patman Act of 1936, the source said. That Depression-era law prohibits suppliers from providing deeper discounts to large chains than to smaller stores. At the time, the antitrust law was aimed at helping smaller grocers survive when A&P and other chains dominated with lower prices. However, a person familiar with the matter said Southern Glazer’s discounts are available to all retailers where permitted by state law.
Persons: Lina Khan, Beam, Robinson, it’s, McCormick, “ It’s, It’s, hasn’t, Alden Abbott, Trump, ’, ”, Abbott, George Mason University’s, “, Patman, Ed Schwartz, Reed Smith, Lee Hepner, Hepner, Chris Jones, Jones, Schwartz, Khan Organizations: CNN, Federal Trade Commission, Southern, Biden, FTC, Politico, Walmart, Patman, RPA, Congress, American Economic Liberties, National Grocers Association, Street Competition Coalition, Southern Glazer’s Locations: Miami, United States, Southern
☆ FTC prepares to sue largest U.S. alcohol distributor, alleging 'secret kickbacks'
  + stars: | 2024-06-05 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +1 min
Lina Khan, chair of the Federal Trade Commission, speaks during the 2024 CNBC CEO Council Summit in Washington, D.C. on June 4, 2024. The Federal Trade Commission is preparing an antitrust lawsuit against the largest U.S. alcohol distributor, Southern Glazer's Wine and Spirits, two sources familiar with the matter told CNBC. But one source said the commission is likely to allege that Southern Glazer's has been providing "secret kickbacks" to large retail customers and violating the 1936 Robinson-Patman Act. Florida-based Southern Glazer's Wine and Spirits distributes alcohol for over 7,000 brands in 44 states. Under the FTC's interpretation, the Robinson-Patman Act is not a wholesale ban on price discrimination and could allow volume discounts.
Persons: Lina Khan, Robinson Organizations: Federal Trade Commission, CNBC, Summit, Southern, Politico, Forbes Locations: Washington ,, Southern, Florida
☆ Walmart keeps grocery prices steady amid inflation, antitrust claims
  + stars: | 2023-05-05 | by ( Siddharth Cavale | ) www.reuters.com   time to read: +6 min
During the period, while U.S. inflation averaged 7.5% Walmart kept prices steady, the Dataweave analysis shows. Reuters Graphics Reuters GraphicsThis was during a time when world food prices hit record highs and U.S. food-at-home prices rose in the double digits. Food-at-home prices, or prices of food bought at grocery stores and supermarkets, are expected to rise a further 6.6% this year, according to the U.S. Department of Agriculture. The data set, which included batteries in the basket of goods, showed that Walmart sold Energizer batteries at a significant discount to rivals. Similarly, at least two different types of Energizer coin batteries sold at Walmart were found to be between 30% and 35% cheaper than the next lowest priced rival.
☆ U.S. FTC probes Pepsi, Coca-Cola over price discrimination - Politico
  + stars: | 2023-01-10 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Bottles of Coca-Cola are seen at a Carrefour Hypermarket store in Montreuil, near Paris, France, February 5, 2018. REUTERS/Regis Duvignau/File PhotoJan 9 (Reuters) - Beverage giants Coca-Cola Co (KO.N) and PepsiCo Inc (PEP.O) are under preliminary investigation by the U.S. Federal Trade Commission (FTC) over potential price discrimination in the soft drink market, Politico reported on Monday citing sources. The U.S. antitrust law prevents large franchises and chains from engaging in price discrimination against small businesses. The FTC reached out to large retailers, including Walmart Inc (WMT.N), for at least a month seeking data and other information on how they purchase and price soft drinks, two of the sources told Politico. FTC, Coca-Cola, Pepsi and Walmart did not immediately respond to Reuters' request for comments.
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