Whole Foods, the natural foods chain, in 2007 acquired its chief competitor, Wild Oats Market. Whole Foods
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Prior to the purchase, Whole Foods cofounder and CEO John Mackey allegedly said that the proposed merger would end “forever or almost forever” the possibility of a big grocery chain buying an existing natural foods chain to compete with Whole Foods. Mackey also allegedly said that buying Wild Oats would prevent “nasty price wars.”
The Federal Trade Commission challenged the Whole Foods purchase of Wild Oats.
a. What was the primary issue facing the federal courts that reviewed the FTC challenge?
b. Decide the case. Explain.
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