Pepsi did not immediately respond to a request for comment.
The spat comes as France continues to grapple with food prices that are rising uncomfortably quickly.
The spat comes as France continues to grapple with food prices that are rising uncomfortably quickly.
French Finance Minister Bruno Le Maire last year pushed major food companies to bring down prices, threatening special taxes on “undue” profits.
The government also moved up its deadline for price negotiations between food companies and supermarkets to this month in an effort to get a grip on the problem.
Pepsi has raised prices in recent years, pointing to rising costs. In October it said it expected further hikes in 2024.
The company has also been active in what critics describe as “shrinkflation” – reducing the size of packets for sale, but not dropping prices at the same rate.
Carrefour, France’s second-largest grocer, has been one of the most prominent retailers to push back against the practice.
The spat comes as France continues to grapple with food prices that are rising uncomfortably quickly.
Pepsi did not immediately respond to a request for comment.
French Finance Minister Bruno Le Maire last year pushed major food companies to bring down prices, threatening special taxes on “undue” profits.
The spat comes as France continues to grapple with food prices that are rising uncomfortably quickly.
The spat comes as France continues to grapple with food prices that are rising uncomfortably quickly.
French Finance Minister Bruno Le Maire last year pushed major food companies to bring down prices, threatening special taxes on “undue” profits.
The government also moved up its deadline for price negotiations between food companies and supermarkets to this month in an effort to get a grip on the problem.
Pepsi has raised prices in recent years, pointing to rising costs. In October it said it expected further hikes in 2024.
The company has also been active in what critics describe as “shrinkflation” – reducing the size of packets for sale, but not dropping prices at the same rate.
Carrefour, France’s second-largest grocer, has been one of the most prominent retailers to push back against the practice.
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