Re: Whole Foods/Wild Oats merger
Oh great, so the CEO is a major nutjob douche, so now that's what will get all the attention. No one will talk about the real problems with this and all other antitrust suits.
The purpose of antitrust laws is to protect the businesses that can't compete in the market, forcing consumers to pay the higher prices of those failing companies. Or in this case, stores that fail to attract organic/natural foods customers.
The businesses that are failing in this market are pestering (read: bribing) their politicians and the FTC to prevent this merger. They know they'll be even less competetive in the market if WF can charge lower prices because of their higher volume.
This is bullshyt.
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