Federal Trade Commission v. Whole Foods Market and Wild Oats Markets

by Sabrina I. Pacifici on August 16, 2007

“On June 5, 2007, the FTC authorized its staff to seek a federal district court order to prevent Whole Foods from acquiring Wild Oats. The FTC argued in court in Washington, DC, on July 31 and August 1, 2007 that the merger would violate federal antitrust laws by substantially reducing competition in the market for premium natural and organic supermarkets in several geographic areas throughout the United States. The federal district court decision announced today allows the transaction to proceed, pending the FTC’s filing of a request for emergency stay with the district and appellate courts prior to its appeal being heard. The Commission also has authorized the staff to act on its administrative complaint to permanently enjoin the merger.”

  • Federal Trade Commission, Plaintiff, v. Whole Foods Market, Inc., and Wild Oats Markets, Inc. (United States District Court for the District of Columbia) Civ. No. 07-cv-01021-PLF, FTC File No. 071 0114
  • AP – Error by FTC Reveals Whole Foods’ Trade Secrets, By Christopher S. Rugaber, Associated Press, Wednesday, August 15, 2007: “Federal regulators inadvertently released dozens of trade secrets in public court documents yesterday as they tried to block Whole Foods Market’s $565 million purchase of Wild Oats Markets. The Federal Trade Commission documents revealed that Whole Foods plans to close 30 or more Wild Oats stores in competitive markets, a move that the company thinks would nearly double revenue for some Whole Foods stores.”
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