11 ms·
Not allowing two crappy grocery retailers in a ridiculously slim margin business to merge at a 15% combined market share is not the sort of antitrust policy we
by hnburnsy 3y ago
Not allowing two crappy grocery retailers in a ridiculously slim margin business to merge at a 15% combined market share is not the sort of antitrust policy we need in the US. Pretty clear that politics is the overriding factor here.
Some one posted here that this creates a monopoly; not even close. Maybe there are local market monopolies but those can be negotiated, plus Amazon and Walmart are a thing almost everywhere.
- bobthepanda 3y agothe problem with undoing the local monopoly is that the divestiture they're proposing is to a place that said they want to get out of the grocery business. so it would probably be close to the same effect as just closing stores outright.
- hnburnsy 3y agoGood point but should these outweigh the rights of companies to combine?
- bobthepanda 3y agoyes, preventing monopolization is the entire point of antitrust law, even if it is regional in nature
- hnburnsy 3y agoAt what granularity?
- bobthepanda 3y agoPage ten of the complaint lists nearly every metropolitan area in the West and Mountain West, and some large metropolitan areas east of it to boot. https://www.ftc.gov/system/files/ftc_gov/pdf/d9428_2310004krogeralbertsonsp3complaintpublic.pdf https://www.ftc.gov/system/files/ftc_gov/pdf/d9428_2310004kr...
- hnburnsy 3y agoThe can list what they want but clearly they are ignoring Costco, Target, Walmart, Sam's in those large metro areas.