Mars’ $36 Billion Deal Faces Khan’s ‘Chocolate Oligopoly’ Views
- Khan wrote about a lack of candy competition in 2013
- Megadeal comes as grocery pricing is in political spotlight
Mars bar snacks
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Years before she became the chair of the US Federal Trade Commission, Lina Khan lamented a lack of competition in candy.
Her views gain new relevance now that she leads the agency that’s expected to take a tough look at whether Mars Inc. should be allowed to buy Cheez-It maker Kellanova for nearly $36 billion, the largest packaged food deal in years.