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This page contains a single entry from the blog posted on February 2, 2009 12:16 AM. The previous post in this blog was OnPoint checkup shows truly grim quarter. The next post in this blog is Calling b.s. on bond ratings. Many more can be found on the main index page or by looking through the archives.

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« OnPoint checkup shows truly grim quarter | Main | Calling b.s. on bond ratings »

Monday, February 2, 2009

Whole Foods and feds talk settlement

The Federal Trade Commission is putting on hold its effort to unwind the Whole Foods takeover of Wild Oats, while the two sides discuss a possible out-of-court resolution of the government's antitrust claim against the high-end grocery purveyor.

Attention, FTC: I'm looking for at least a free rotisserie chicken out of this!

Posted at 12:16 AM | Bookmark and Share

Comments (4)

Great, I'm SO glad they made grocers like New Seasons hand over sensitive internal documents for nothing, after long and expensive legal battles on all sides. This has been one sad, wasteful game they've played. Damn them all.

Posted by TKrueg | February 2, 2009 8:27 AM

I don't believe that New Seasons ever responded to that subpoena. I might have missed something in the news, but I believe this was the most recent status update on the New Seasons part of the whole mess.

Posted by john rettig | February 2, 2009 9:42 AM

Actually, NSM did have to provide documents, but not as much as previously requested. Still...

http://newseasonsmarket.blogspot.com/2009/01/were-finally-getting-back-to-minding.html

Posted by TKrueg | February 2, 2009 9:51 AM

I guess my point was Whole Foods wins either way... they can get sensitive documents from competitors or bleed them dry while trying. Maybe they made the FTC's case for them.

Posted by TKrueg | February 2, 2009 9:56 AM




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