Thursday, June 21, 2007

John Mackey (Whole Foods Market) Responds to FTC

I am fascinated with the proposed merger between Whole Foods Market and Wild Oats. The Federal Trade Commission is challenging the merger on the grounds that it would lead to a monopoly for Whole Foods Market, eliminating all competition, and reduced quality/ higher prices for customers.

Here is how John Mackey (founder and CEO of Whole Foods Market) responds:

http://www.wholefoods.com/blogs/jm/archives/2007/06/whole_foods_mar_1.html