The Federal Trade Commission sued to block a proposed merger between the grocery giants, saying the $24.6 billion deal would eliminate competition and lead to higher prices.
The FTC has always been harsher about monopolization via mergers versus business finding success independently. Not saying that’s the right way to handle things, but Walmart got to where they are through competing, not merging, with other businesses.
The FTC has always been harsher about monopolization via mergers versus business finding success independently. Not saying that’s the right way to handle things, but Walmart got to where they are through competing, not merging, with other businesses.