H.J. Heinz Co. is in talks to buy Kraft Foods Group Inc. in a $40 billion merger deal. So, do mergers like this violate antitrust laws against monopolies?
Heinz, Kraft to create world’s No. 5 food company
“In a jolt touching pantries across the globe, H.J. Heinz and Kraft Foods Group (KRFT) will merge into the world’s fifth-largest food and beverage company – bent on cutting costs, growing internationally and evolving into a more consumer-focused company.”
How and why did American business seek to eliminate competition.
“As business expanded natural predatory instincts took over as companies sought to eliminate competition.”
What is an antitrust law?
“Antitrust laws – also referred to as “competition laws” – are statutes developed by the U.S. Government to protect consumers from predatory business practices by ensuring that fair competition exists in an open-market economy.”
Is Monopoly Anti-Capitalist Propaganda?
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