FTC Greenlights RNDC, Young’s Tie-up

Dear Client:The Republic National Distributing Company and Young’s Market joint venture announced last month has just been cleared by the Federal Trade Commission. You'll recall, the two announced the joint venture just two months after RNDC and Breakthru Beverage Group killed their proposed merger, after the FTC raised concerns over the merger over likely anticompetitive harm [see WSD 06-13-2019]."We are very excited about the future of our company," says RNDC chief Tom Cole. "With our expanded footprint, our ability to serve