The FTC is moving to block the acquisition of Dreyers by Nestle, for fear that it would stifle competition in the gourmet ice cream market and raise prices.
You go, guys!
I hadn’t realized before I read the article that this would have reduced the top sellers of super-premium ice cream from three to two:
Nestle markets the Haagen Dazs brand while Dreyer’s brands include Dreamery, Godiva and Starbucks ice creams.
Unilever markets Ben & Jerry’s ice cream.
Together the three companies account for about 98 percent of gourmet ice cream sales, the FTC said.
Monopolistic bastards …