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the 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 i
by bobthepanda 3y ago
the 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.