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Essay Galaxy - American Stores Antitrust And
The case that I found to write my report on was California versus American Stores Co. In a case argued January 16, 1990 before the Supreme Court of the United States of America, a decision was ruled on April 30, 1990, American Stores Co. tried to gain an advantage in the state marketplace by buying up remaining stock of the number one chain the state of California. Shortly after respondent American Stores Co., the fourth largest supermarket chain in California, acquired all of the outstanding stock of the largest chain, the State filed suit in the District Court alleging, inter alia, that the merger constituted an anticompetitive acquisition violative of § 7 of the Clayton Act and would harm consumers throughout the State. It was decided by the court to grant the State a preliminary injunction requiring American to operate the acquired stores separately from the ones alre....
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Number Of Pages: 6 |
Number Of Words: 1390 |
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