For Your Information
FTC Approves Final Order Settling Charges that Koninklijke Ahold's Proposed Acquisition of Genuardi's Supermarkets was Anticompetitive
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Koninklijke Ahold N.V.'s proposed acquisition of Genuardi's supermarkets would have been anticompetitive in the local grocery market in Newtown, Pennsylvania. The final order resolving the charges preserves competition in the local grocery market by requiring Ahold to sell a supermarket in Newtown, Pennsylvania to McCaffrey's supermarkets.
The Commission vote approving the final order and letter to the one public commenter was 5-0. (FTC File No. 121-0055; the staff contact is Jill M. Frumin, Bureau of Competition, 202-326-2758; see press release dated June 15, 2012.)
(FYI 28.2012.wpd)
The Federal Trade Commission works to promote competition, and to protect and educate consumers. The FTC will never demand money, make threats, tell you to transfer money, or promise you a prize. You can learn more about how competition benefits consumers, file an antitrust complaint, or comment on a proposed merger. For the latest news and resources, follow the FTC on social media, subscribe to press releases, and read our blog.
Contact Information
MEDIA CONTACT:
Office of Public Affairs
202-326-2180