Proposed Consent Agreement In the Matter of Tops Markets LLC, a limited liability company, Morgan Stanley Capital Partners V U.S. Holdco LLC, a limited liability company, and The Penn Traffic Company, a corporation. FTC File No. 101 0074
I feel you are making a mistake forcing Tops markets to sell the former Quality Market on Rochester Rd in Lockport, NY. A super Wal-Mart is going to be built within 5 miles very soon. The new Wal-Mart will keep prices low at the Tops market on Transit Rd in Lockport and therefore the prices at the Rochester Rd. store will remain low as well. I really don't think any other grocery owner/operator will buy Quality. The store will probably close and so Tops will still won't have any competition other than the new Wal-Mart. This store is a huge convenience to residents that live east of Lockport. Please reconsider your decision.