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Grocers Face Antitrust Suit in California
August 18, 2010
FROM RETAILWIRE:
Albertsons, Ralphs and Vons must face an antitrust lawsuit over a pact the three competitors signed in 2003 to share profits if any one of the three were singled out by the United Food and Commercial Workers (UFCW) union for a strike in California, according to Bloomberg News. Do you think the companies engaged in anticompetitive behavior?
[more...]
Anti-competitive behavior is frequently in the eyes of the beholder or judge. Unless Wal-Mart gets union-organized, this decision represents a significant blow to Ralph's, Albertson's and Von's and gives the union lots of clout as they can strike one chain at a time, weakening it or possibly more.
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