Discount retailers Dollar Tree, Inc. and Family Dollar Stores, Inc. have agreed to sell 330 Family Dollar stores to a private equity firm, Sycamore Partners, to settle Federal Trade Commission charges that Dollar Tree’s proposed $9.2 billion acquisition of Family Dollar would likely be anticompetitive. According to the FTC’s complaint, Dollar Tree and Family Dollar […]
Monthly Archives: July 2015
FTC Issues Final Order Preserving Supermarket Competition in 130 Local Markets
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the $9.2 billion merger of supermarket operators Albertsons and Safeway Inc. would be anticompetitive. According to the FTC’s complaint, first announced in January 2015, Albertsons and Safeway grocery stores competed vigorously on price, quality, product variety, and services, […]
Cybersecurity Assessment Tool
FIL-28-2015 July 2, 2015 Cybersecurity Assessment Tool Printable Format: FIL-28-2015 – PDF (PDF Help) Summary: The FDIC, in coordination with the other members of the Federal Financial Institutions Examination Council (FFIEC), is issuing the FFIEC Cybersecurity Assessment Tool to help institutions identify their cybersecurity risks and determine their preparedness. Statement of Applicability to Institutions with […]
Following Sysco’s Abandonment of Proposed Merger with US Foods, FTC Closes Case
Following a June 23, 2015 ruling by the U.S. District Court for the District of Columbia granting the Federal Trade Commission request for a preliminary injunction, Sysco and US Foods abandoned their proposed merger, and the Commission has now dismissed its administrative complaint. In light of those events, FTC Chairwoman Edith Ramirez issued the following […]