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.)
The FTC's Bureau of Competition works with the Bureau of Economics to investigate alleged anticompetitive business practices and, when appropriate, recommends that the Commission take law enforcement action. To inform the Bureau about particular business practices, call 202-326-3300, send an e-mail to firstname.lastname@example.org, or write to the Office of Policy and Coordination, Bureau of Competition, Federal Trade Commission, 601 New Jersey Ave., Room 7117, Washington, DC 20580. To learn more about the Bureau of Competition, read Competition Counts. Like the FTC on Facebook, follow us on Twitter, and subscribe to press releases for the latest FTC news and resources.(FYI 28.2012.wpd)