Seo Services

Dairy Farmers of America Hit with Antitrust Suit

An antitrust lawsuit was filed against the Dairy Farmers of America in federal court, challenging its acquisition of the majority of Dean Foods’ assets, reports Food Dive. The complaint, filed by Food Lion and the Virginia Milk Producers Cooperative Association, claims that DFA is “an aspiring monopolist” that will either put small cooperatives and independent dairy farmers out of business or force them to join the DFA.

The suit claims that North and South Carolina will be particularly in danger. "With capability to wield market power at two levels of the supply chain, DFA now has both the ability and the incentive to wipe out any remaining pockets of competition," the suit said. Full Story

Related: Dairy Farmers of America Approved to Purchase Dean Foods AssetsBorden Dairy, Dean Foods Consider Merger.



from Industry Operations https://ift.tt/2zUIlFB
Dairy Farmers of America Hit with Antitrust Suit Dairy Farmers of America Hit with Antitrust Suit Reviewed by Unknown on May 21, 2020 Rating: 5

No comments:

ads 728x90 B
Powered by Blogger.