PepsiCo is insisting that its $14 billion merger with Quaker Oats will be approved.  PepsiCo still expects the FTC to give the merger the green light, despite leaked reports that the deal may be rejected. PepsiCo will need to convince the FTC that it will be held in check by competitors and won't abuse its power over the convenience store trade. This may involve selling its Allsport brand to a powerful rival such as Cadbury Schweppes.