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mid american dairy--- dean foods

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i saw on the news this morning that mid american dairy is making a bid for dean foods. I suppose someone has to buy them out, but it seems to me like they are creating a monopoly.

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Is there a competition bureau in the U.S. that regulates deals like this? 

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right up the road 56 miles is LaJunta CO they built a huge warehouse about 10 years ago for Dean Pickle. It closed and then it became involved with the dairy and closed up. Now they are selling beer there. How things change

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Just now, IH766 said:

Is there a competition bureau in the U.S. that regulates deals like this? 

yes but a farce,   IIRC  (the great socialist )TR started it to rid the country of standard oil and ilk 

but it seems to me like they are creating a monopoly.

monopoly is what "they " want ,much easier to control your own group,and the mass by 0 choice.

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2 minutes ago, mmi said:

yes but a farce,   IIRC  (the great socialist )TR started it to rid the country of standard oil and ilk 

Was TR a republican? You're talking about Theodore Roosevelt right? And what makes it a farce?

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1 hour ago, pt756 said:

I thought D F A was going to buy them.

I thought DFA was only buying part of them? Picking the bones, so to speak.

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I heard on the business report DFA was paying 425 million for whatever is left of Deans.

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Just went by one of their empty plants in Rochester In. Sad to see but I think Walmart helped by building their own processing plant. 

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1 hour ago, Ihfan4life said:

I thought DFA was only buying part of them? Picking the bones, so to speak.

That's what I thought too. I read in my state that DFA was picking one plant in the state but not the other. 

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2 minutes ago, Reichow7120 said:

That's what I thought too. I read in my state that DFA was picking one plant in the state but not the other. 

 

41 minutes ago, jass1660 said:

I heard on the business report DFA was paying 425 million for whatever is left of Deans.

 

1 hour ago, Ihfan4life said:

I thought DFA was only buying part of them? Picking the bones, so to speak.

DFA shouldn't be allowed to buy them. These companies need to be smaller not bigger

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2 hours ago, bitty said:

 

 

DFA shouldn't be allowed to buy them. These companies need to be smaller not bigger

Not going to happen, yet🤞
Remember to  big to fail? Remember that if GM wasn’t bailed out it would mean the world financial system would collapse.

 

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the other thing I was told is that foremost foods was taking 1.69 a cwt recently around here in wis to cover the problem from Michigan, so we never quite achieved 20 dollar milk it was very short lived, and building costs sure have gone up, neighbor wanted to build a 120 cow freestall barn, very modest, using old barn to milk in, close to 5k a  stall, it just don't figure out anymore.

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14 hours ago, IH766 said:

Is there a competition bureau in the U.S. that regulates deals like this? 

The FTC reg anti trust /monopoly things

 

Now are coops in that jurisdiction?  Not sure 

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13 hours ago, pt756 said:

 

 

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4 hours ago, TroyDairy said:

The FTC reg anti trust /monopoly things

 

Now are coops in that jurisdiction?  Not sure 

They should be in that jurisdiction .....

Them getting too big is 99% of the dairy problems lately. They are not serving the co-op members interest like they were intended to do. They have grown too big for their britches

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6 hours ago, TroyDairy said:

The FTC reg anti trust /monopoly things

 

Now are coops in that jurisdiction?  Not sure 

I don’t think so.... but coops are so big today they should be 

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