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Whole Foods asks competitors for help in fight with FTC

Whole Foods Market Inc. CEO John Mackey has sent a letter to 93 of the grocery chain's competitors across the country, asking them to provide pricing and other information that Whole Foods says it needs to fight multiple lawsuits filed by the Federal Trade Commission. Whole Foods is seeking to avoid a situation like the one that developed in the Portland, Ore. area last fall, Davis said. When Whole Foods sought to obtain the information from its competitors in that area for its antitrust case, one of those grocers, New Seasons Markets, accused Whole Foods of trying to steal trade secrets. The accusations led to significant media coverage in the Portland area. To continue reading this interesting article from Triangle Business Journal, click here.

Full post as published by The Trade Secrets Vault on January 15, 2009 (boomark / email).