The US General Accounting Office (GAO) has called on the Federal Trade Commission (FTC) to change its policy of requiring that when two chains merge, all stores that are divested in a single market should go to a single buyer.
Sen. Christopher S. "Kit" Bond (R-Mo.) followed up on the GAO recommendation by asking for the same change in FTC policy, suggesting that it was hurting small or regional businesses that could benefit from the acquisition of a limited number of stores.
Sen. Christopher S. "Kit" Bond (R-Mo.) followed up on the GAO recommendation by asking for the same change in FTC policy, suggesting that it was hurting small or regional businesses that could benefit from the acquisition of a limited number of stores.
- KC's View:
