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

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For Release

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.

Sean Royall, Deputy Director,
Bureau of Competition

Contact Information

Media Contact:
Cathy MacFarlane,
Office of Public Affairs
Staff Contact: