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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Whole Food/Wild Oats Merger
To be blocked on anti-trust concerns?
http://news.yahoo.com/s/ap/20070815/ap_on_bi_ge/whole_foods_wild_oats While I can't argue with the reasoning here, why were the mergers of HP/Compaq, Exxon/Mobil, BP/Amoco, every company Microsoft ever bought, every bank merger in the past 15 years, SBC/AT&T not blocked as well?
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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08-14-2007, 08:12 PM
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You do not have permissi
Join Date: Aug 2001
Location: midwest
Posts: 40,025
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Because they should have been?
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Meanwhile other things are still happening. |
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08-14-2007, 08:26 PM
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Registered
Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
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I always suspected Big Tofu was out to take over the world, now I know for sure.
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08-14-2007, 08:41 PM
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Slackerous Maximus
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,209
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Quote:
Ummmmm....because the sytem is loaded in support of big chains?
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2022 Royal Enfield Interceptor. 2012 Harley Davidson Road King 2014 Triumph Bonneville T100. 2014 Cayman S, PDK. Mercedes E350 family truckster. |
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08-14-2007, 08:51 PM
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Join Date: Mar 2004
Location: Summerville, SC
Posts: 2,057
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Odds are the merger will not be blocked, but other grocery chains are worried about the competition Whole Foods brings to the marketplace and some are willing to use dirty politics (through the FTC) to try to limit Whole Foods' growth.
(Any arguments the FTC makes against any merger on "anti-trust" grounds is "bought and paid for" with political favors/donations.) Some businesses cannot compete in a free marketplace so they try to use the political system to either give themselves a competitive advantage, or force their competition into a position of disadvantage. |
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08-14-2007, 09:15 PM
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Join Date: Oct 2002
Location: SE PA
Posts: 3,188
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Worried about competition? Unfortunately around here, the supermarkets don't seem very interested in competing at that end of the market at all.
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08-14-2007, 09:21 PM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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What about the bit about Whole Foods using questionable negotiation practices to drive up prices for Wal Mart?
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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08-15-2007, 05:51 AM
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Registered
Join Date: Oct 2002
Location: SE PA
Posts: 3,188
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Quote:
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08-15-2007, 07:41 AM
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