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Tuesday, June 12

Must They Always Use Their Powers For Evil?

Apparently so. Please understand that there has not been a merger or acquisition in the oil and gas industry, the chemical industry, the banking sector, you name it, that the current malAdministration hasn't hearted with all its might. Most often DOJ and FTC don't even take a second look.

So why, oh why, does the FTC feel the need to challenge a merger of two small organic grocery chains? How could it be that this combination would hurt consumers (which is, after all, the purpose of antitrust laws)? I readily admit that this isn't my area of the law (antitrust is highly specialized), but I would think just the opposite: that the combination will allow the merged company to have significantly more buying power, and that savings would be passed along to the consumers. Now who possibly could be unhappy with that?

Oh, maybe Giant and Safeway, Krogers and Albertson's? And maybe some of King George's agri-business cronies like Archer-Daniels-Midland, Purdue and Dole? Because you know that the last thing these motherfuckers want is for organic growers and grocers to have more market power, through which they could grow their business and expand their customer base.

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