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Guppi safe harbor inappropriate, FTC majority says in Family Dollar-Dollar Tree statement

( July 13, 2015, 22:31 GMT | Official Statement) -- MLex Summary: A safe harbor presuming that there is unlikely to be competitive harm for transactions where the gross upward pricing pressure index is less than 5 percent would be inappropriate, a majority of the Federal Trade Commission said. There is insufficient accumulated experience and economic learning to recognize such a safe harbor based on Guppi analysis, Chairwoman Edith Ramirez and Commissioners Julie Brill, Maureen Ohlhausen and Terrell McSweeny said in a statement on the agency's complaint and consent decree requiring Dollar Tree and Family Dollar to divest 330 stores as a condition of approving their merger.See document below....

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