American Stores Antitrust and Merger Case
The case that I found to write my report on was California versus American Stores Co. In a case argued January 16, 1990 before the Supreme Court of the United States of America, a decision was ruled on April 30, 1990, American Stores Co. tried to gain an advantage in the state marketplace by buying up remaining stock of the number one chain the state of California. Shortly after respondent American Stores Co., the fourth largest supermarket chain in …
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…scrutiny and the Supreme Court will be cautious in their rulings and their determination of the legality of different mergers and acquisitions made by competing firms within the same industry. The name of the game is profit, and as long as the legal ramifications are sound then no one can truly judge the actions of another firm. It is an ideal of mine though that ethics would prevail in the decisions made by a firm.
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