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: Merger
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Earlier Dean had received an offer from Dairy Farmers of America to purchase some of their assets however they have now withdrawn that offer.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 …
WNAX Radio | OCM Concerned With Dairy Market Concentration
Source: WNAX Radio Date Published: January 19, 2020 The Organization for Competitive Markets is studying the Justice Department’s investigation of Dairy Farmers of America and their potential deal to acquire the bankrupted Dean Foods. OCM Policy and Research Director Ben Gotschall says they’re very concerned about increasing concentration in the dairy industry. He says prior to Dean Foods filing for bankruptcy there was already market concentration and following the restructuring it also led to the loss of several Read More …