Friday, August 17, 2007

The Morning Brew: Friday, 8/17

Posted By on Fri, Aug 17, 2007 at 9:00 AM

In case you missed last night's update: A federal judge won't block Whole Foods' acquisition of Wild Oats. (New York Times)

click to enlarge www.waylandxdc.com
  • www.waylandxdc.com

www.waylandxdc.com

The exact reasoning behind the judge's decision won't be made public. (Doing so would reveal Whole Foods' corporate secrets.)

Some details have leaked to the press, however:

...Clifford H. Aronson, a lawyer for Wild Oats who had quickly read the decision, said the judge simply did not believe that there was a unique market for natural and organic foods, as the F.T.C. had argued. He said the online postings from Mr. Mackey did not sway the judge.

"It was a sideshow, but it doesn't make an antitrust case," Mr. Aronson said.

Look! Both of our favorites stories from this summer!

A report from the Chinese government claims that nearly all of the country's food exports meet the safety standards of the U.S., the E.U. and Japan. (Bloomberg)

-Ian Froeb

Tags: ,

Best Things to Do In St. Louis

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

© 2016 Riverfront Times

Website powered by Foundation