Dean Foods officials have announced that Dairy Farmers of America is the winning bidder to acquire 44 of their fluid and frozen facilities for $433 million. Organization For Competitive Markets Director of Policy and Research Ben Gotschall says that’s a huge concentration concern and that that deal still must be approved before it goes through. He says it’s important to note that the U.S. Justice Department is investigating any possible anti-trust concerns with this acquisition. Gotschall says antitrust Read More …
Tag: anticompetitive
WNAX | Organization For Competitive Markets Is Monitoring Sale Of Dean Foods Assets
The Organization For Competitive Markets is monitoring the bidding process for the acquisition of Dean Foods assets following the company’s decision to file for bankruptcy. Earlier Dean had received an offer from Dairy Farmers of America to purchase some of their assets however they have now withdrawn that offer. That move allows for a competitive bidding process. OCM Policy and Research Director Ben Gotschall says that competitive bidding is what’s needed to address concentration concerns. He says OCM Read More …
WNAX | OCM Calling For Revision Of DOJ And FTC Vertical Merger Guidelines
The Organization for Competitive Markets has filed comments with the U.S. Justice Department and Federal Trade Commission on their Vertical Merger Guidelines. OCM Director of Policy and Research Ben Gotschall says those guidelines haven’t been revised since 1982 and have several shortcomings that need fixing. He says the current guidelines don’t give enough protection to consumers, or farmers and ranchers and need to be thrown out and replaced. Gotschall says there’s also a comment period going on now Read More …
Speak Your Piece: Antitrust Law Perverted
The worries about the power of Wall Street have their roots in rural America. More than 120 years ago, rural Grangers and Populists were warning about concentrations of business power. Maybe it’s time we listened to our rural forebears. By C. Robert Taylor When Nebraska farmers in the 1880s saw that their economic future was being controlled by large businesses, they didn’t occupy Wall Street. They built a new political party. Here is a picture of the Nebraska Read More …