Stucke discusses Albertsons buyback after Safeway merger

Maurice Stucke, a UT Law professor and former trial attorney with the US Department of Justice Antitrust Division, recently discussed grocery store chain Albertsons decision to buy back 33 stores the government required it to sell when it acquired rival Safeway earlier this year.
December 2, 2015 10:16 am

Stucke, MauriceMaurice Stucke, a UT Law professor and former trial attorney with the US Department of Justice Antitrust Division, recently discussed grocery store chain Albertsons decision to buy back 33 stores the government required it to sell when it acquired rival Safeway earlier this year.

In comments to The Wall Street Journal, Stucke said that “there is always some risk that a buyer of divested assets from merging companies won’t be able to fully replace competition as the government hopes.”

“But the Albertsons situation, [Stucke] said, has gone particularly poorly. ‘Clearly this isn’t what you want in a merger remedy,’ he said.”

Read the full article at The Wall Street Journal.