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Jun 06, 2007 -- Government should stay out of the marketplace
Youve heard Clark make fun of Whole Foods (Whole Paycheck), a gourmet food and organic marketplace . Whole Foods has been trying to buy a competitor called Wild Oats, a store that has a similar look and feel. The Federal government is blocking them from merging, saying it will be bad for competition, resulting in higher prices, reduced quality and fewer choices for consumers. Clark thinks there are more important things for the government to focus on, and its a waste of taxpayer dollars. Theres nothing about Whole Foods that other stores can not copy. Retail is one of the most competitive markets we have in the States. If you dont like a store, you dont have to shop there. You go somewhere else. So, the government is out of line to interfere in the merger of these two ultra-high-priced companies. Theyve earned their position in the market and the government should butt out.
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