Antitrust: A Bid to Cap Fizzopoly

A Bid to Cap Fizzopoly

The Reagan Administration has rarely thwarted a major corporate merger. Thus it came as a surprise last week when the Federal Trade Commission said it would sue to stop PepsiCo from buying Seven-Up, and Coca-Cola from swallowing Dr Pepper. Pepsi's bid to merge the No. 2 and No. 3 U.S. soft-drink brands was announced in January, and industry leader Coke agreed to buy the No. 4 brand a month later.

If the deals go through, Coke and Pepsi will account for 80% of the market. Both companies voiced little reaction to the FTC move. Said a Coke spokesman: "We believe our...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!