DOJ’s Appeal Belongs on HissyFit.Rant

DOJ submitted an appeal of the AT&T-Time Warner merger approved by Judge Leon of the US District Court for the DC Circuit. The submission asks the appeals court to reverse Judge Leon on the basis that he could not have understood DOJ’s arguments, otherwise he would not have approved the merger. DOJ claims the intellectual high […]

Three Cheers for Amazon’s Purchase of Whole Foods

Walmart’s income statement for 2016 showed $486 billion in sales through its 11,695 stores, clubs and affiliates. Costco’s 2016 income statement showed $119 billion in sales through 715 warehouses. Kroger’s 2016 sales were $115 billion through almost 4,000 stores. The merged Amazon and Whole Foods grocery sales for 2017 are estimated at $151 billion through […]

ACI in Real Clear Markets: Time Warner Deal is Good for Consumers and Innovation

Mergers often raise antitrust concerns. This is particularly the case when direct competitors combine to form a much larger company – referred to as a horizontal merger. Because these sorts of mergers eliminate competitors and consumer choice, they can lead to a significant increase in market concentration and pose anticompetitive risks. At its core, regulatory […]

ACI Quoted in TR Daily Regarding Wireless Merger

The quote was in Monday (7/8/2013) night’s TR Daily article — FCC Approves SoftBank-Sprint-Clearwire Deals.  Here is the full quote:  Steve Pociask of the American Consumer Institute Center for Citizen Research commented, “the FCC’s approval of the merging of Softbank, Sprint, and Clearwire is a testament of the highly competitive nature of the wireless industry and […]

The “Plane” Truth about Bankruptcies and Mergers

American Airlines, one of the United States’ proudest and most recognized brands, filed for Chapter 11 bankruptcy protection in November 2011.  Seeing an opportunity to consolidate the industry and expand its footprint, US Airways has targeted the ailing airline for acquisition.  Exploiting American’s compromised position, US Airways has already forged contract agreements with three of […]

ACI Dispointed With FTC Decision, Urgers Legal Action

ACI Urges Legal Action to Block Mega-PBM Merger Says ESI/Medco Merger Will Increase Health Care Costs and Reduce Competition WASHINGTON, D.C. — The American Consumer Institute Center for Citizen Research (ACI) today expressed disappointment in the Federal Trade Commission (FTC) decision not to block the merger between Express Scripts, Inc. (ESI) and Medco Health Solutions […]

With the Merger Blocked, T-Mobile Now Disconnecting Jobs

There’s more bad news for T-Mobile in the wake of their failed merger with AT&T—they’ve recently announced they’ll be closing 7 call centers over the course of the next three months, eliminating 1,900 jobs in the process.  You would expect this to mean diminished customer service and longer wait times for consumers looking for tech […]