You asked how a price cut translates to raising prices everywhere, and the parent comment answered. Though even without the further raising of prices for the competitors, the effect of many such agreements is that the competitors have a harder time competing, some shut down, and now the Walmart can also charge more because there's less competition.

> the parent comment answered

There's no evidence that it translates to raised prices everywhere.

> competitors have a harder time competing

Yes

> some shut down

No one is shutting down because of Pepsi. Offer some evidence.