Now, the Federal Trade Commission is challenging the merger citing, believe it or not, Anti-trust concerns. In a world where Safeway and even Wal-Mart are selling their own brands of organic food, a merger of this scale is in no way an anti-trust violation. An opinion piece by Daniel Gross in Slate explains the issue in great detail. Gross Begins:
The U.S. attorney scandal has raised fears that the Bush administration is misusing the levers of government to punish political opponents. Now I think I've uncovered another sinister example of the administration using government lawyers to stick it to liberals. And this time, Bush is aiming for the belly!
Gross goes on to illustrate how the FTC allows huge mergers like that of AT&T and Cingular to occur, but somehow doesn't want to encourage growth in a more progressive industry.
1 comment:
It's been a very curious thing to watch this Whole Foods-Wild Oats merger/non-merger situation go on. We are directly affected here in San Diego and i've taken a keen interest in the goings on... all very bizarre.
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