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 #550026-00071

Submission Number:
550026-00071
Commenter:
Wayne Clark
Organization:
Cortland Standard
State:
New York
Initiative Name:
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
Anticompetitive? We were losing two stores (P&C) which were located in areas of our town where no other stores provided for those areas. Tops, Price Chopper and a soon to be Super Wall Mart are all on one side of the town. P&C held two stores. How can Tops be anticompetive by doing the exact same thing? I have read where a possible buyer will just purchase the items from Tops and sell them as Tops products within the same store. Why can't Tops do it on their own? I have seen several stores, not just grocery stores, who are doing well and open a second store to expand. Why not stop that! Tops invested $85 Million dollars and, in Cortland, a lease of $2 million. Lets reward our NYS business for investments made not discourage it.