Common ownership likely not affecting cereal prices, study says

Ben Remaly

25 January 2021

Shutterstock/rblfmr

A theory that firms with common ownership stakes are tacitly colluding on price does not appear to be playing out in the cereal industry, according to a new study.

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Ben Remaly

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Author | Editor, GCR USA

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Tipline

Take the bitter with the sweet: The Tipline for 29 September 2022
The judge presiding over the Department of Justice’s challenge to United Sugar/Imperial Sugar has unsealed her opinion and nothing is sugarcoated. Judge Maryellen Noreika said it is “more than curious” that the DOJ is concerned about wholesalers paying more in an industry in which federal regulators keep prices high. The Delaware federal court flatly rejected the Antitrust Division’s proposed product and geographic markets and said its hired economic expert’s credentials were “lacking”.
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Common ownership likely not affecting cereal prices, study says

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