Whole Foods merger complaint
This article was originally published in The Tan Sheet
Executive Summary
The Federal Trade Commission issues an amended complaint Sept. 8 against Whole Foods' acquisition of Wild Oats Markets, claiming the already-completed merger is "substantially reducing or eliminating competition in the operation of premium natural and organic supermarkets" in several geographic markets. The respondent has until Sept. 26 to file a response. FTC's complaint follows a same-day scheduling conference in which an administrative law judge from the agency laid out a timeline for filings and discovery leading up to a hearing before the commission on Feb. 16, 2009. The amended complaint filing was enabled by a July decision by the U.S. Court of Appeals for the District of Columbia Circuit, which reversed a lower court's ruling against FTC's motion for a preliminary injunction against the merger (1"The Tan Sheet" Aug. 18, 2008, p. 6). Whole Foods filed a petition Aug. 26 for a rehearing before the appeals courtYou may also be interested in...
Whole Foods Merger Ruling Could “Embolden” Antitrust Activity – Attorney
AstraZeneca's Risky Lynparza Endpoint In Pancreatic Cancer Goes Before Advisory Cmte.
US FDA usually recommends using overall survival for pancreatic cancer drugs, but AstraZeneca choose progression-free survival; now ODAC will weigh in on whether the PARP inhibitor olaparib demonstrated a clinically meaningful impact. The firm cites enrollment and design challenges in the gBRCAm population as reasons for using PFS.
Did Sarepta Need To Tell Investors About Its Vyondys 53 Dispute Resolution Request?
Attorneys say Sarepta did not have an obligation to report its appeal, particularly since winning a formal dispute filing with the US FDA is a long shot.
Need a specific report? 1000+ reports available
Buy Reports
Register for our free email digests: