Moss Tells the Financial Times That Walgreens-Rite Aid Merger Is Too Big to Fix
Diana Moss was quoted in the June 29, 2017 Financial Times story Walgreens halts plan to buy Rite Aid after regulatory concerns.
“This is the kind of deal that any federal enforcement agency under any administration would have had to challenge,” said Diana Moss, president of the American Antitrust Institute.
The Walgreens-Rite Aid case joins a growing list of megamergers that regulators viewed as fatally anti-competitive, says Ms Moss.
“We are seeing an accumulating number of deals that are just too anti-competitive to fix,” Ms Moss said.