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Price Chopper/Tops Markets, In the Matter of

C-4753 | Federal Trade Commission

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Filed Nov. 8, 2021
Case Flags Competition, Bureau of Competition, Merger, Horizontal, Retail, and Grocery/Supermarkets
FTC Matter/File Number 211 0002
Case Summary
New York-based supermarket operators The Golub Corp., which owns the Price Chopper chain, and Tops Market Corp. have agreed to divest 12 Tops supermarkets to C&S Wholesale Grocers to settle Federal Trade Commission charges that their proposed merger would likely be anticompetitive in 11 local markets in New York and Vermont. In those markets, according to the complaint, without a remedy the merger is likely to allow the newly merged company to increase prices above competitive levels, unilaterally or by coordinating with competitors. The merger is also likely to diminish the combined company’s incentives to compete on quality and service in its stores. The Decision and Order requires Price Chopper and Tops to divest the 12 Tops stores and related assets to C&S on a rolling basis, beginning by Jan. 17, 2022, at a rate of two stores pe week for six weeks. On Jan. 24, 2022, the Commission announced the final consent agreement in this matter.
Case Type Administrative
Status Pending
Last Updated: 2 days, 8 hours ago
Filing Date # Docket Text