Geoff Manne on Courts Blocking the Kroger/Albertsons Merger
The Denver Post
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ICLE President Geoffrey A. Manne was quoted by The Denver Post in a story about federal and state courts blocking the proposed merger of supermarkets Kroger and Albertsons. You can read the full piece here.
However, a nonproft research center criticized the approaches the courts used to reach their decisions as “based more on vibes than economics.” The courts rejected the grocers’ arguments that their greatest competition is from Walmart and other food super centers, not each other, said Geoffrey A. Manne, president at the International Center for Law & Economics, calling the determination “backward-looking.”