Originally Teamsters.org posted an article about this from WSJ but you have to be a subscriber to read it. I was able to find another article about this today which I am using to lead up to another post on Teamsters.org this morning. Looks like this will affect teamsters.
Antitrust officials have been investigating a potential merger of the struggling milk giant Dean Foods with Dairy Farmers of America, a marketing cooperative.
https://www.nytimes.com/2020/01/29/b...stigation.html
Antitrust officials have been investigating a potential merger of the struggling milk giant Dean Foods with Dairy Farmers of America, a marketing cooperative.
When the struggling milk giant Dean Foods filed for bankruptcy protection in November, it also announced a possible path forward — a takeover by Dairy Farmers of America, a marketing cooperative.
But the news that Dean Foods was in “advanced discussions” with the co-op did little to alleviate the concerns of dairy farmers. Many argued that a merger would reduce competition and suppress the price of raw milk, especially in regions where industry consolidation has made it difficult for farmers to stay in business.
Now, federal investigators are examining those concerns. Since at least December, antitrust officials at the Justice Department have been scrutinizing the potential Dean Foods merger, speaking with farmers and the lawyers who represent them about how a deal would affect milk pricing and competition, according to emails reviewed by The New York Times and interviews with people familiar with the inquiry.
But the news that Dean Foods was in “advanced discussions” with the co-op did little to alleviate the concerns of dairy farmers. Many argued that a merger would reduce competition and suppress the price of raw milk, especially in regions where industry consolidation has made it difficult for farmers to stay in business.
Now, federal investigators are examining those concerns. Since at least December, antitrust officials at the Justice Department have been scrutinizing the potential Dean Foods merger, speaking with farmers and the lawyers who represent them about how a deal would affect milk pricing and competition, according to emails reviewed by The New York Times and interviews with people familiar with the inquiry.
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