Wal-Mart’s Purchase of Puerto Rico Chain Challenged
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/walmarts-purchase-puerto-rico-chain-challenged/Puerto Rico’s Department of Justice has asked the U.S. Court of Appeals for the First Circuit to block Wal-Mart’s acquisition of the island’s largest grocery store chain, Supermercados Amigo Inc. The outcome of the case could affect the ability of states to review and challenge mergers.
Wal-Mart already operates 19 outlets in Puerto Rico, including eight Sam’s Club stores and one supercenter.
