|
New Strategy for Whole Foods in FTC Fight - December 19, 2008
By Mike Scarcella and Jeff Jeffrey "Whole Foods Market is striking at the [Federal Trade Commission] in court, in Congress and in the press with a three-pronged strategy led by a prominent D.C. lawyer and a lobbying firm stocked with Democratic insiders. "The company says it has already spent more than $16 million ... to defend its $565 million merger with organic grocer Wild Oats. Now, it [has filed] a complaint ... in U.S. District Court for the District of Columbia that accuses the FTC of bias and due process violations. "In October [2008], Whole Foods retained ... Lanny Davis, an Orrick, Herrington & Sutcliffe partner and former special counsel to President Bill Clinton, to lead the effort to convince power brokers that Whole Foods is not getting a fair shake at the FTC. Davis, an outspoken surrogate of Hillary Clinton during her presidential campaign, has become the public voice of Whole Foods." To read the full article, click on the Title Line, above.
|