For Release: August 1, 2001

Federal Trade Commission Votes to Close Investigation of Proposed Merger of PepsiCo and Quaker Oats Co.

The Federal Trade Commission today met in closed session to consider an enforcement action to authorize staff to seek a preliminary injunction against PepsiCo's proposed acquisition of the Quaker Oats Company. The Commission's 2-2 vote resulted in no action being taken. Subsequently, the Commission voted 4-0 to close the investigation. Commissioner statements will follow shortly.

Media Contact:
Cathy MacFarlane,
Office of Public Affairs
202-326-2180
Staff Contact:

Sean Royall, Deputy Director,
Bureau of Competition
202-326-3663


Last Modified: Monday, June 25, 2007