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
Forcing TOPS to sell the former P & C market in Riverside Plaza will surely leave those of us who commute the I-81 corridor daily without a viable, convenient market option. Obviously, based upon the transactions and bidding last year, Price Chopper is the only other market interested, and I fail to see how a Price Chopper store in this location is any different than a TOPS (same competitive scenario). Hence, Riverside Plaza will be relegated to a "fast-food, dollar-store strip mall." I fear that those of us who commute the I-81 corridor and live in communities to the east (Cincinnatus, Truxton, Preble, Homer, McGraw, Marathon) will be left with no viable alternative but to claw and scratch our way across Cortland during the week, or make purchases in communities where we work, before accessing the interstate, thereby spending our dollars outside of our local community. I urge you to rethink this order seriously.