A&P fights antitrust suit aiming to break up chain
In New York last Thursday anti-trust lawyers filed suit to dismantle A&P, seeking to force sale of most stores and manufacturing facilities. The company argues the case targets low prices and that it operates in a highly competitive retail grocery market with modest profits.
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A&p Coffee
Ann Page
Jane Parker
A&P Defends Low Prices and Broad Stake in Business
The company argues selling food cheaply benefits consumers and the nation. It cites Fortune Magazine praise, claims farmers and manufacturers profit from its low-cost distribution, and notes 110,000 employees enjoy good wages and conditions. It warns landlords, haulers, and suppliers have a large stake in its survival.
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Fortune Magazine
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A&P Fight Draws Lines Over Price, Power and Public Trust
The company defends its 90 year record of low prices and efficient distribution against antitrust attacks. It argues destroying A&P would threaten wider chains and raise consumer costs while noting past public opposition to chain taxation efforts. The piece frames a broader battle over economics and consumer welfare.
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