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Matching entries from Houston's Clear Thinkers
That's a solution?
As Congress and the mainstream media continue their muddle over the current downturn in financial markets, one of the ubiquitous "solutions" that Washington and the MSM have already decided is needed to prevent another such disruption is more and...
Slam dunk?
So, sanity prevails and U.S. District Judge Paul L. Friedman of the Federal District Court in Washington, D.C. ruled in favor of the proposed Whole Foods Markets acquisition of Wild Oats Markets and against the Federal Trade Commission's complaint to...
Give it up, Arnie
Want a glimpse into the regulatory mindset of government? This earlier post passed along Don Boudreaux's response to the Wall Street Journal letter-to-th editor of Arnie Celnicker, a former attorney for the FTC and the Antitrust Division of the Justice...
If you can't beat'em on the message boards, then buy'em!
In one of those "you just can't predict everything that comes up in a government investigation" moments, this David Kesmodel and John R. Wilke/WSJ ($) article (free NY Times article here and free WSJ Deal Journal post here) reports that...
Fiddling while the tofu burns
It all started with this Holman Jenkins/WSJ column in which he blasted the Federal Trade Commission's vacuous campaign against the proposed Whole Foods-Wild Oats merger. That prompted this WSJ letter-to-the-editor from Arnie Celnicker, a former attorney for the FTC and...
But what about the price of the smoked gouda?
Best crack yet on the Federal Trade Commission's remarkably misdirected lawsuit to enjoin the proposed Whole Foods-Wild Oats Markets merger comes from Mr. Juggles over at Long and Short Capital. Commenting on the FTC's novel theory that the merger will...
Fiddling while the Whole Foods-Wild Oats deal burns
Geoff Manne (see also here) and Thom Lambert (see also here) over at the Truth on the Market blog are having a field day bashing the misdirected FTC opposition of the Whole Foods-Wild Oats merger. And with good reason. The...
Investing in fat people?
Following on earlier posts here and here on how the U.S. anti-obesity industry often misrepresents the nature and extent of the health problems related to widespread obesity in American society, Laura Vanderkam reviews NY Times nutrition columnist Gina Kolata's new...
It's not been a good week for federal agencies
First, it was the dubious decision of the Federal Trade Commission to sue to enjoin the proposed merger between natural foods grocers Whole Foods Markets and Wild Oats Markets. Then, as this Daniel Drezner post notes, Federal Communications Commission chairman...
Why these shareholders?
This Bloomberg article on Austin-based Whole Foods' proposed acquisition of Wild Oats Markets confirms that officials at the Federal Trade Commission do not have enough to do: U.S. antitrust regulators plan to file suit to block the proposed merger between...
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