7-Eleven Agrees to $4.5 Million Settlement in FTC Antitrust Case

A 7-Eleven store in midtown Manhattan in New York on March 19, 2024. Ted Shaffrey/The Associated PressConvenience store chain 7-Eleven and its parent company have agreed to pay $4.5 million to settle a lawsuit brought by the Federal Trade Commission (FTC) alleging the company violated a 2018 consent order, the FTC said in a Dec. 8 statement.“The $4.5 million penalty marks the largest civil penalty ever collected in an FTC case involving a prior-notice violation. It is also the largest negotiated settlement of any order violation in the FTC Bureau of Competition’s history,” the agency said.