Whole Foods' and FTC's Litigation Far From Checkout
With two cases proceeding and one just getting started concerning Whole Foods' merger with Wild Oats, Whole Foods and the Federal Trade Commission are in for a whole lot of litigation. First, there is the FTC's Section 7 action on the merits of the merger, which will be heard in an administrative hearing in February 2009. Second, there is the federal court case in which the district court, on remand, will weigh the equities and determine whether injunctive relief would be in the public interest. Third, there is Whole Foods' due process lawsuit seeking to stop the FTC from conducting the Section 7 hearing and have it heard in federal court. There is also the recent, amended decision of the United States Court of Appeals for the District of Columbia which has implications for key antitrust issues like market definition and antitrust merger cases more generally.
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