PepsiCo has agreed to set up a ‘Chinese wall’ to ensure that the acquisition of its two largest bottlers does not jeopardise competition with rival Dr Pepper Snapple.
To close its $7.8bn acquisition of Pepsi Bottling Group and PepsiAmericas, PepsiCo agreed to the Federal Trade Commission (FTC) requirement that it prevent sensitive information being accessed by any of its employees who are in a position to use that information against Dr Pepper Snapple. Pepsi Bottling Group and PepsiAmer...
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