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The company operates or services approximately 4,200 stores in the United States, Europe, Latin America, and Asia and had sales of over $191 billion in 2001. Wal-Mart is a global food and general merchandise retailer headquartered in Arkansas. Instead, it underscores the fact that the Commission conducts merger investigations on a case-by-case basis, considers all of the relevant facts, and makes an informed decision based on those facts." Parties to the Transaction "While this is the first 'supermarket' investigation in which the Commission has included club stores in the market definition, it does not indicate a change in policy. "In this particular investigation, the Commission determined that Wal-Mart's supercenters and club stores do, in fact, compete directly with Amigo supermarkets in several geographic areas in Puerto Rico," said Joe Simons, Director of the FTC's Bureau of Competition. This led the FTC to define a product market that consists of full-service supermarkets, supercenters, and the retail sale of supermarket-type items at club stores or similar stores that allow consumers to complete substantially all of their weekly food shopping in one visit. The stores are located in Cidra, Ponce, Manati, and Vega Baja, Puerto Rico.Īccording to the Commission, there is ample evidence that a significant portion of Puerto Rico consumers use full-service supermarkets, supercenters and club stores interchangeably. (Amigo), the largest supermarket chain in Puerto Rico on the condition that it divest four existing Amigo stores to Supermercados Maximo (Maximo) to ensure continued competition among supermarkets, supercenters, and club stores on the island. (Wal-Mart) would be allowed to purchase Supermercados Amigo, Inc. Under the terms of a proposed consent order accepted for public comment by the Federal Trade Commission and announced today, Wal-Mart Stores, Inc. About the FTC Show/hide About the FTC menu itemsĬompany Would be Required to Divest Four Amigo Stores to Supermercados Maximo, Inc.

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