Cerberus Institutional Partners V, L.P., AB Acquisition LLC, and Safeway Inc.; Analysis of Proposed Consent Order To Aid Public Comment, 5753-5758 [2015-01971]
Download as PDF
<![CDATA[
Federal Register / Vol. 80, No. 22 / Tuesday, February 3, 2015 / Notices
Stevenson, Alabama; (2) Bill Hall,
Stevenson, Alabama; (3) Gena Hall
Blackmon, Stevenson, Alabama; (4)
Revocable Trust for Julia Ann Harris
Hale, Holbert Leon Hale, Jr., and Julia
Ann Harris Hale, as Trustees; all of
Newnan, Georgia; (5) Revocable Trust
for Holbert Leon Hale, Jr., Holbert Leon
Hale, Jr., and Julia Ann Harris Hale, as
Trustees, all of Newnan, Georgia; (6)
Mona Hale Peterman, Raleigh, North
Carolina; (7) Benjamin Peterman,
Raleigh, North Carolina; (8) Matthew
Peterman, Raleigh, North Carolina; (9)
Jennifer Hale Dickerson, Mount
Pleasant, South Carolina; (10) Stephen
Dickerson, Mount Pleasant, South
Carolina; and (11) Patricia Searels,
Austin, Texas; to retain 10 percent or
more of the outstanding shares of First
Bancshares of Stevenson, Inc., and its
subsidiary, First Southern State Bank,
both of Stevenson, Alabama.
Board of Governors of the Federal Reserve
System, January 29, 2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015–02078 Filed 2–2–15; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL TRADE COMMISSION
[File No. 141 0108]
Cerberus Institutional Partners V, L.P.,
AB Acquisition LLC, and Safeway Inc.;
Analysis of Proposed Consent Order
To Aid Public Comment
Federal Trade Commission.
Proposed Consent Agreement.
AGENCY:
ACTION:
The consent agreement in this
matter settles alleged violations of
federal law prohibiting unfair methods
of competition. The attached Analysis to
Aid Public Comment describes both the
allegations in the draft complaint and
the terms of the consent order—
embodied in the consent agreement—
that would settle these allegations.
DATES: Comments must be received on
or before February 26, 2015.
ADDRESSES: Interested parties may file a
comment at https://
ftcpublic.commentworks.com/ftc/
albertsonssafewayconsent online or on
paper, by following the instructions in
the Request for Comment part of the
SUPPLEMENTARY INFORMATION section
below. Write ‘‘Albertson’s and Safeway
Inc.,—Consent Agreement; File No. 141
0108’’ on your comment and file your
comment online at https://
ftcpublic.commentworks.com/ftc/
albertsonssafewayconsent by following
the instructions on the web-based form.
If you prefer to file your comment on
rljohnson on DSK3VPTVN1PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
14:46 Feb 02, 2015
Jkt 235001
paper, write ‘‘Albertson’s and Safeway
Inc.,—Consent Agreement; File No. 141
0108’’ on your comment and on the
envelope, and mail your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
600 Pennsylvania Avenue NW., Suite
CC–5610 (Annex D), Washington, DC
20580, or deliver your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
Constitution Center, 400 7th Street SW.,
5th Floor, Suite 5610 (Annex D),
Washington, DC 20024.
FOR FURTHER INFORMATION CONTACT:
Alexis Gilman, Bureau of Competition,
(202–326–2579) or Dan Ducore, Bureau
of Competition, (202–326–2526), 600
Pennsylvania Avenue NW., Washington,
DC 20580.
SUPPLEMENTARY INFORMATION: Pursuant
to Section 6(f) of the Federal Trade
Commission Act, 15 U.S.C. 46(f), and
FTC Rule 2.34, 16 CFR 2.34, notice is
hereby given that the above-captioned
consent agreement containing consent
order to cease and desist, having been
filed with and accepted, subject to final
approval, by the Commission, has been
placed on the public record for a period
of thirty (30) days. The following
Analysis to Aid Public Comment
describes the terms of the consent
agreement, and the allegations in the
complaint. An electronic copy of the
full text of the consent agreement
package can be obtained from the FTC
Home Page (for January 27, 2015), on
the World Wide Web, at https://
www.ftc.gov/os/actions.shtm.
You can file a comment online or on
paper. For the Commission to consider
your comment, we must receive it on or
before February 26, 2015. Write
‘‘Albertson’s and Safeway Inc.,—
Consent Agreement; File No. 141 0108’’
on your comment. Your comment—
including your name and your state—
will be placed on the public record of
this proceeding, including, to the extent
practicable, on the public Commission
Web site, at https://www.ftc.gov/os/
publiccomments.shtm. As a matter of
discretion, the Commission tries to
remove individuals’ home contact
information from comments before
placing them on the Commission Web
site.
Because your comment will be made
public, you are solely responsible for
making sure that your comment does
not include any sensitive personal
information, like anyone’s Social
Security number, date of birth, driver’s
license number or other state
identification number or foreign country
equivalent, passport number, financial
account number, or credit or debit card
PO 00000
Frm 00026
Fmt 4703
Sfmt 4703
5753
number. You are also solely responsible
for making sure that your comment does
not include any sensitive health
information, like medical records or
other individually identifiable health
information. In addition, do not include
any ‘‘[t]rade secret or any commercial or
financial information which . . . is
privileged or confidential,’’ as discussed
in Section 6(f) of the FTC Act, 15 U.S.C.
46(f), and FTC Rule 4.10(a)(2), 16 CFR
4.10(a)(2). In particular, do not include
competitively sensitive information
such as costs, sales statistics,
inventories, formulas, patterns, devices,
manufacturing processes, or customer
names.
If you want the Commission to give
your comment confidential treatment,
you must file it in paper form, with a
request for confidential treatment, and
you have to follow the procedure
explained in FTC Rule 4.9(c), 16 CFR
4.9(c).1 Your comment will be kept
confidential only if the FTC General
Counsel, in his or her sole discretion,
grants your request in accordance with
the law and the public interest.
Postal mail addressed to the
Commission is subject to delay due to
heightened security screening. As a
result, we encourage you to submit your
comments online. To make sure that the
Commission considers your online
comment, you must file it at https://
ftcpublic.commentworks.com/ftc/
albertsonssafewayconsent by following
the instructions on the web-based form.
If this Notice appears at https://
www.regulations.gov/#!home, you also
may file a comment through that Web
site.
If you file your comment on paper,
write ‘‘Albertson’s and Safeway Inc.,—
Consent Agreement; File No. 141 0108’’
on your comment and on the envelope,
and mail your comment to the following
address: Federal Trade Commission,
Office of the Secretary, 600
Pennsylvania Avenue NW., Suite CC–
5610 (Annex D), Washington, DC 20580,
or deliver your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
Constitution Center, 400 7th Street SW.,
5th Floor, Suite 5610 (Annex D),
Washington, DC 20024. If possible,
submit your paper comment to the
Commission by courier or overnight
service.
Visit the Commission Web site at
https://www.ftc.gov to read this Notice
and the news release describing it. The
1 In particular, the written request for confidential
treatment that accompanies the comment must
include the factual and legal basis for the request,
and must identify the specific portions of the
comment to be withheld from the public record. See
FTC Rule 4.9(c), 16 CFR 4.9(c).
E:\FR\FM\03FEN1.SGM
03FEN1
5754
Federal Register / Vol. 80, No. 22 / Tuesday, February 3, 2015 / Notices
FTC Act and other laws that the
Commission administers permit the
collection of public comments to
consider and use in this proceeding as
appropriate. The Commission will
consider all timely and responsive
public comments that it receives on or
before February 26, 2015. You can find
more information, including routine
uses permitted by the Privacy Act, in
the Commission’s privacy policy, at
https://www.ftc.gov/ftc/privacy.htm.
Analysis of Agreement Containing
Consent Order To Aid Public Comment
rljohnson on DSK3VPTVN1PROD with NOTICES
I. Introduction and Background
The Federal Trade Commission
(‘‘Commission’’) has accepted for public
comment, subject to final approval, an
Agreement Containing Consent Order
(‘‘Consent Order’’) from Cerberus
Institutional Partners V, L.P.
(‘‘Cerberus’’), its wholly owned
subsidiary, AB Acquisition, LLC
(‘‘Albertson’s’’), and Safeway Inc.
(‘‘Safeway’’) (collectively, the
‘‘Respondents’’). On March 6, 2014,
Albertson’s and Safeway entered into a
merger agreement whereby Albertson’s
agreed to purchase 100% of the equity
of Safeway for approximately $9.2
billion (the ‘‘Acquisition’’). The purpose
of the proposed Consent Order is to
remedy the anticompetitive effects that
otherwise would result from the
Acquisition. Under the terms of the
proposed Consent Order, Respondents
are required to divest 168 stores and
related assets in 130 local supermarket
geographic markets (collectively, the
‘‘relevant markets’’) in eight states to
four Commission-approved buyers. The
divestitures must be completed within a
time-period ranging from 60 to 150 days
following the date of the Acquisition.
Finally, the Commission and
Respondents have agreed to an Order to
Maintain Assets that requires
Respondents to operate and maintain
each divestiture store in the normal
course of business, through the date the
store is ultimately divested to a buyer.
The proposed Consent Order has been
placed on the public record for 30 days
to solicit comments from interested
persons. Comments received during this
period will become part of the public
record. After 30 days, the Commission
again will review the proposed Consent
Order and any comments received, and
decide whether it should withdraw the
Consent Order, modify the Consent
Order, or make it final.
The Commission’s Complaint alleges
that the Acquisition, if consummated,
would violate Section 7 of the Clayton
Act, as amended, 15 U.S.C. 18, and
Section 5 of the Federal Trade
VerDate Sep<11>2014
14:46 Feb 02, 2015
Jkt 235001
Commission Act, as amended, 15 U.S.C.
45, by removing an actual, direct, and
substantial supermarket competitor in
the 130 local supermarket geographic
markets. The elimination of this
competition would result in significant
competitive harm; specifically the
Acquisition will allow the combined
entity to increase prices above
competitive levels, unilaterally or by
coordinating with remaining market
participants. Similarly, absent a remedy,
there is significant risk that the merged
firm may decrease quality and service
aspects of their stores below competitive
levels. The proposed Consent Order
would remedy the alleged violations by
requiring divestitures to replace
competition that otherwise would be
lost in the relevant markets because of
the Acquisition.
The Respondents
AB Acquisition, LLC, owned by New
York-based private equity firm Cerberus
Capital Management, L.P., is the parent
company of Albertson’s LLC and New
Albertson’s, Inc. (together
‘‘Albertson’s’’). As of March 19, 2014,
Albertson’s LLC operated 630
supermarkets, primarily under its
Albertson’s banner. Presently,
Albertson’s stores are located in
Arkansas, Arizona, California, Colorado,
Florida, Idaho, Louisiana, Montana,
Nevada, New Mexico, North Dakota,
Oregon, Texas, Utah, Washington, and
Wyoming. Albertson’s LLC also operates
supermarkets in Texas under the Market
Street, Amigos, and United
Supermarkets banners. United
Supermarkets is a traditional grocery
store, while Market Street offers
specialty and ‘‘whole-health’’ products,
and Amigos has an international and
Hispanic format. As of March 19, 2014,
New Albertson’s, Inc., owned and
operated 445 supermarkets under the
Jewel-Osco, ACME, Shaw’s, and Star
Market banners, dispersed throughout
Iowa, Illinois, Indiana, Delaware,
Maryland, Pennsylvania, New Jersey,
Massachusetts, Maine, New Hampshire,
Rhode Island, and Vermont.
As of December 2013, Safeway owned
1,332 supermarkets, making it one of the
largest food and drug retailers in the
United States. Stores are operated under
the Safeway banner in Alaska, Arizona,
California, Colorado, District of
Columbia, Delaware, Hawaii, Idaho,
Maryland, Montana, Nebraska, Nevada,
New Mexico, Oregon, South Dakota,
Virginia, Washington, and Wyoming.
Safeway also operates stores under the
following banners: Pavilions, Pak ’n
Save, and The Market in California;
Randall’s and Tom Thumb in Texas;
Genuardi’s in Pennsylvania; Vons in
PO 00000
Frm 00027
Fmt 4703
Sfmt 4703
California and Nevada; and Carr’s in
Alaska.
Retail Sale of Food and Other Grocery
Products In Supermarkets
The Acquisition presents substantial
antitrust concerns for the retail sale of
food and other grocery products in
supermarkets. Supermarkets are defined
as traditional full-line retail grocery
stores that sell, on a large-scale basis,
food and non-food products that
customers regularly consume at home—
including, but not limited to, fresh meat,
dairy products, frozen foods, beverages,
bakery goods, dry groceries, detergents,
and health and beauty products. This
broad set of products and services
provides a ‘‘one-stop shopping’’
experience for consumers by enabling
them to shop in a single store for all of
their food and grocery needs. The ability
to offer consumers one-stop shopping is
a critical differentiating factor between
supermarkets and other food retailers.
The relevant product market includes
supermarkets within ‘‘hypermarkets,’’
such as Wal-Mart Supercenters.
Hypermarkets also sell an array of
products that would not be found in
traditional supermarkets. However,
hypermarkets, like conventional
supermarkets, contain bakeries, delis,
dairy, produce, fresh meat, and
sufficient product offerings to enable
customers to purchase all of their
weekly grocery requirements in a single
shopping visit.
Other types of retailers—such as hard
discounters, limited assortment stores,
natural and organic markets, ethnic
specialty stores, and club stores—also
sell food and grocery items. These types
of retailers, however, are not in the
relevant product market because they
offer a more limited range of products
and services than supermarkets and
because they appeal to a distinct
customer type. Shoppers typically do
not view these other food and grocery
retailers as adequate substitutes for
supermarkets.2 Further, although these
other types of retailers offer some
competition, supermarkets do not view
them as providing as significant or close
competition as traditional supermarkets.
Thus, consistent with prior Commission
precedent, these other types of retailers
are excluded from the relevant product
market.3
2 Supermarket shoppers would be unlikely to
switch to one of these other types of retailers in
response to a small but significant increase in price
or ‘‘SSNIP’’ by a hypothetical supermarket
monopolist. See U.S. DOJ and FTC Horizontal
Merger Guidelines § 4.1.1 (2010).
3 See, e.g., Bi-Lo Holdings, LLC/Delhaize
America, LLC, Docket C–4440 (February 25, 2014);
AB Acquisition, LLC, Docket C–4424 (December 23,
E:\FR\FM\03FEN1.SGM
03FEN1
Federal Register / Vol. 80, No. 22 / Tuesday, February 3, 2015 / Notices
rljohnson on DSK3VPTVN1PROD with NOTICES
The relevant geographic markets in
which to analyze the effects of the
Acquisition are areas that range from a
two- to ten-mile radius around each of
the Respondents’ supermarkets,
depending on factors such as population
density, traffic patterns, and unique
characteristics of each market. Where
the Respondents’ supermarkets are
located in rural, isolated areas, the
relevant geographic areas are larger than
areas where the Respondents’
supermarkets are located in more
densely populated suburban areas. A
hypothetical monopolist of the retail
sale of food and grocery products in
supermarkets in each relevant area
could profitably impose a small but
significant non-transitory increase in
price.
The 130 geographic markets in which
to analyze the effects of the Acquisition
are local areas in and around: (1)
Anthem, Arizona; (2) Carefree, Arizona;
(3) Flagstaff, Arizona; (4) Lake Havasu,
Arizona; (5) Prescott, Arizona; (6)
Prescott Valley, Arizona; (7) Scottsdale,
Arizona; (8) Tucson (Eastern), Arizona;
(9) Tucson (Southwest), Arizona; (10)
Alpine, California; (11) Arroyo Grande/
Grover Beach, California; (12)
Atascadero, California; (13) Bakersfield,
California; (14) Burbank, California; (15)
Calabasas, California; (16) Camarillo,
California; (17) Carlsbad (North),
California; (18) Carlsbad (South),
California; (19) Carpinteria, California;
(20) Cheviot Hills/Culver City,
California; (21) Chino Hills, California;
(22) Coronado, California; (23) Diamond
Bar, California; (24) El Cajon, California;
(25) Hermosa Beach, California; (26)
Imperial Beach, California; (27) La Jolla,
California; (28) La Mesa, California; (29)
Ladera Ranch, California; (30) Laguna
Beach, California; (31) Laguna Niguel,
California; (32) Lakewood, California;
(33) Lemon Grove, California; (34)
Lomita, California; (35) Lompoc,
California; (36) Mira Mesa (North),
California; (37) Mira Mesa (South),
California; (38) Mission Viejo/Laguna
Hills, California; (39) Mission Viejo
(North), California; (40) Morro Bay,
2013); Konkinlijke Ahold N.V./Safeway Inc., Docket
C–4367 (August 17, 2012); Shaw’s/Star Markets,
Docket C–3934 (June 28, 1999); Kroger/Fred Meyer,
Docket C–3917 (January 10, 2000); Albertson’s/
American Stores, Docket C–3986 (June 22, 1999);
Ahold/Giant, Docket C–3861 (April 5, 1999);
Albertson’s/Buttrey, Docket C–3838 (December 8,
1998); Jitney-Jungle Stores of America, Inc., Docket
C–3784 (January 30, 1998). But see Wal-Mart/
Supermercados Amigo, Docket C–4066 (November
21, 2002) (the Commission’s complaint alleged that
in Puerto Rico, club stores should be included in
a product market that included supermarkets
because club stores in Puerto Rico enabled
consumers to purchase substantially all of their
weekly food and grocery requirements in a single
shopping visit).
VerDate Sep<11>2014
14:46 Feb 02, 2015
Jkt 235001
California; (41) National City, California;
(42) Newbury, California; (43) Newport,
California; (44) Oxnard, California; (45)
Palm Desert/Rancho Mirage, California;
(46) Palmdale, California; (47) Paso
Robles, California; (48) Poway,
California; (49) Rancho Cucamonga/
Upland, California; (50) Rancho Santa
Margarita, California; (51) San Diego
(Clairemont), California; (52) San Diego
(Hillcrest/University Heights),
California; (53) San Diego (Tierrasanta),
California; (54) San Luis Obispo,
California; (55) San Marcos, California;
(56) San Pedro, California; (57) Santa
Barbara, California; (58) Santa Barbara/
Goleta, California; (59) Santa Clarita,
California; (60) Santa Monica,
California; (61) Santee, California; (62)
Simi Valley, California; (63) Solana
Beach, California; (64) Thousand Oaks,
California; (65) Tujunga, California; (66)
Tustin (Central), California; (67) Tustin/
Irvine, California; (68) Ventura,
California; (69) Westlake Village,
California; (70) Yorba Linda, California;
(71) Butte, Montana; (72) Deer Lodge,
Montana; (73) Missoula, Montana; (74)
Boulder City, Nevada; (75) Henderson,
(East), Nevada; (76) Henderson
(Southwest), Nevada; (77) Summerlin,
Nevada; (78) Ashland, Oregon; (79)
Baker County, Oregon; (80) Bend,
Oregon; (81) Eugene, Oregon; (82)
Grants Pass, Oregon; (83) Happy Valley/
Clackamas, Oregon; (84) Keizer, Oregon;
(85) Klamath Falls, Oregon; (86) Lake
Oswego, Oregon; (87) Milwaukie,
Oregon; (88) Sherwood, Oregon; (89)
Springfield, Oregon; (90) Tigard,
Oregon; (91) West Linn, Oregon; (92)
Colleyville, Texas; (93) Dallas (Far
North), Texas; (94) Dallas (Farmers/
Branch/North Dallas), Texas; (95) Dallas
(University Park/Highland Park), Texas;
(96) Dallas (University Park/Northeast),
Texas; (97) McKinney, Texas; (98)
Plano, Texas; (99) Roanoke, Texas; (100)
Rowlett, Texas; (101) Bremerton,
Washington; (102) Burien, Washington;
(103) Everett, Washington; (104) Federal
Way, Washington; (105) Gig Harbor,
Washington; (106) Lake Forest Park,
Washington; (107) Lake Stevens,
Washington; (108) Lakewood,
Washington; (109) Liberty Lake,
Washington; (110) Milton, Washington;
(111) Monroe, Washington; (112) Oak
Harbor, Washington; (113) Olympia
(East), Washington; (114) Port Angeles,
Washington; (115) Port Orchard,
Washington; (116) Puyallup,
Washington; (117) Renton (East HillMeridian), Washington; (118) Renton
(New Castle), Washington; (119)
Sammamish, Washington; (120)
Shoreline, Washington; (121) Silverdale,
Washington; (122) Snohomish,
PO 00000
Frm 00028
Fmt 4703
Sfmt 4703
5755
Washington; (123) Tacoma (Eastside),
Washington; (124) Tacoma (Spanaway),
Washington; (125) Walla Walla,
Washington; (126) Wenatchee,
Washington; (127) Woodinville,
Washington; (128) Casper, Wyoming;
(129) Laramie, Wyoming; and (130)
Sheridan, Wyoming.
Each of the relevant geographic
markets is highly concentrated and the
Acquisition would significantly increase
market concentration and eliminate
substantial direct competition between
two significant supermarket operators.
The post-Acquisition HHI levels in the
relevant markets vary from 2,562 to
10,000 points, and the HHI deltas vary
from 225 to 5,000 points. Under the
2010 Department of Justice and Federal
Trade Commission Horizontal Merger
Guidelines (‘‘Merger Guidelines’’), an
acquisition that results in an HHI in
excess of 2,500 points and increases the
HHI by more than 200 points is
presumed anticompetitive. Thus, the
presumptions of illegality and
anticompetitive effects are easily met,
and often far exceeded, in the relevant
geographic markets at issue.
The relevant markets are also highly
concentrated in terms of the number of
remaining market participants postAcquisition. Of the 130 geographic
markets, the acquisition will result in a
merger-to-monopoly in 13 markets and
a merger-to-duopoly in 42 markets. In
the remaining markets, the Acquisition
will reduce the number of market
participants from four to three in 43
markets, five to four in 27 markets, and
six to five in five markets.4
The anticompetitive implications of
such significant increases in market
concentration are reinforced by
substantial evidence demonstrating that
Albertson’s and Safeway are close and
vigorous competitors in terms of price,
format, service, product offerings,
promotional activity, and location in
each of the relevant geographic markets.
Absent relief, the Acquisition would
eliminate significant head-to-head
competition between Albertson’s and
Safeway and would increase the ability
and incentive of Albertson’s to raise
prices unilaterally post-Acquisition. The
Acquisition would also decrease
incentives to compete on non-price
factors, such as service levels,
convenience, and quality. Lastly, the
high levels of concentration also
increase the likelihood of competitive
harm through coordinated interaction in
markets in which Albertson’s will face
only one other traditional supermarket
competitor post-Acquisition. Given the
transparency of pricing and promotional
4 See
E:\FR\FM\03FEN1.SGM
Exhibit A.
03FEN1
5756
Federal Register / Vol. 80, No. 22 / Tuesday, February 3, 2015 / Notices
practices among supermarkets and that
supermarkets ‘‘price check’’ competitors
in the ordinary course of business, the
Acquisition increases the possibility
that Albertson’s and its remaining
competitor could simply follow each
other’s price increases post-Acquisition.
New entry or expansion in the
relevant markets is unlikely to deter or
counteract the anticompetitive effects of
the Acquisition. Moreover, even if a
prospective entrant existed, the entrant
must secure a viable location, obtain the
necessary permits and governmental
approvals, build its retail establishment
or renovate an existing building, and
open to customers before it could begin
operating and serve as a relevant
competitive constraint. As a result, new
entry sufficient to achieve a significant
market impact and act as a competitive
constraint is unlikely to occur in a
timely manner.
The Proposed Consent Order
The proposed remedy, which requires
the divestiture of Albertson’s or Safeway
supermarkets in the relevant markets to
four Commission-approved up-front
buyers (the ‘‘proposed buyers’’) will
restore fully the competition that
otherwise would be eliminated in these
markets as a result of the Acquisition.
Specifically, Respondents have agreed
to divest:
• 146 stores and related assets in
Arizona, California, Nevada, Oregon,
and Washington to Haggen, Inc.
(‘‘Haggen’’);
• Two stores in Washington to
Supervalu, Inc. (‘‘Supervalu’’);
• 12 stores and related assets in Texas
to Associated Wholesale Grocers
(‘‘AWG’’); and
• Eight stores and related assets in
Montana and Wyoming to Associated
Food Stores (‘‘Associated’’).
The proposed buyers appear to be
highly suitable purchasers and are well
positioned to enter the relevant
geographic markets and prevent the
increase in market concentration and
likely competitive harm that otherwise
would have resulted from the
Acquisition. The supermarkets currently
owned by any of the proposed buyers
are all located outside the relevant
geographic markets in which they are
purchasing divested stores.
Haggen is a regional supermarket
chain with 18 supermarkets in
Washington and Oregon. Haggen will
purchase all but two of the divested
stores in Washington, because Haggen
already operates stores in those two
geographic markets. Supervalu will
purchase the two stores in Washington
that Haggen is not purchasing.
Supervalu is a wholesale distributor that
also operates 190 corporate-owned
supermarkets and previously owned
these two Washington stores. AWG is a
member-owned cooperative grocery
wholesaler supplying nearly 3,000
supermarkets in 33 states. Although
AWG does not currently own or operate
any supermarkets, AWG has owned and
operated corporate-owned supermarkets
in the past. Finally, Associated is a
member-owned cooperative grocery
wholesaler that supplies and operates
retail supermarkets. Associated’s
members operate approximately 424
grocery stores in ten states, and the
cooperative, through a subsidiary, owns
and operates 43 corporate-owned
supermarkets located in Utah and
Nevada. It is expected that AWG will
assign its operating rights in the 12
Texas stores it is acquiring to RLS
Supermarkets, LLC (d/b/a Minyard Food
Stores) and that Associated will assign
its rights in the eight Montana and
Wyoming stores it is acquiring to
Missoula Fresh Market LLC, Ridley’s
Family Markets, Inc., and Stokes Inc.
The Proposed Consent Order requires
Respondents to divest: (a) The Arizona,
California, Nevada, Oregon, and
Washington assets to Haggen within 150
days from the date of the Acquisition;
(b) the two stores in Washington to
Supervalu within 100 days of the date
of the Acquisition; (c) the Texas assets
to AWG within 60 days of the date of
the Acquisition; and (d) the Montana
and Wyoming assets to Associated
within 60 days of the date of the
Acquisition. If, at the time before the
Proposed Consent Order is made final,
the Commission determines that any of
the proposed buyers are not acceptable
buyers, Respondents must immediately
rescind the divestiture(s) and divest the
assets to a different buyer that receives
the Commission’s prior approval.
The proposed Consent Order contains
additional provisions designed to
ensure the adequacy of the proposed
relief. For example, Respondents have
agreed to an Order to Maintain Assets
that will be issued at the time the
Proposed Consent Order is accepted for
public comment. The Order to Maintain
Assets requires Albertson’s and Safeway
to operate and maintain each divestiture
store in the normal course of business,
through the date the store is ultimately
divested to a buyer. Since the
divestiture schedule runs for an
extended period of time (potentially up
to 150 days following the Acquisition
date), the Proposed Consent Order
appoints Richard King as a Monitor to
oversee the Respondents’ compliance
with the requirements of the Proposed
Consent Order and Order to Maintain
Assets. Mr. King has the experience and
skill-set to be an effective Monitor, no
identifiable conflicts, and sufficient
time to dedicate to this matter through
its conclusion. Lastly, for a period of ten
years, Albertson’s is required to give the
Commission prior notice of plans to
acquire any interest in a supermarket
that has operated or is operating in the
counties included in the relevant
markets.
* * *
The sole purpose of this Analysis is
to facilitate public comment on the
proposed Consent Order. This Analysis
does not constitute an official
interpretation of the proposed Consent
Order, nor does it modify its terms in
any way.
EXHIBIT A
rljohnson on DSK3VPTVN1PROD with NOTICES
Area
number
City
1 ...........
2 ...........
3 ...........
4 ...........
5 ...........
6 ...........
7 ...........
8 ...........
9 ...........
10 .........
11 .........
12 .........
Anthem ...........................................
Carefree .........................................
Flagstaff .........................................
Lake Havasu ..................................
Prescott ..........................................
Prescott Valley ...............................
Scottsdale ......................................
Tucson (Eastern) ...........................
Tucson (Southwest) .......................
Alpine .............................................
Arroyo Grande/Grover Beach ........
Atascadero .....................................
VerDate Sep<11>2014
14:46 Feb 02, 2015
State
Jkt 235001
PO 00000
AZ
AZ
AZ
AZ
AZ
AZ
AZ
AZ
AZ
CA
CA
CA
Merger
result
4
5
5
4
4
4
3
4
5
3
3
3
Frm 00029
to
to
to
to
to
to
to
to
to
to
to
to
3
4
4
3
3
3
2
3
4
2
2
2
....
....
....
....
....
....
....
....
....
....
....
....
Fmt 4703
HHI
(pre)
2768
2298
2744
2609
2675
2828
3797
3341
2018
3857
3690
3456
Sfmt 4703
HHI
(post)
3423
2976
3365
3401
3405
3340
5001
4130
2909
5002
6864
6242
Delta
Divested store(s)
655
678
621
792
730
512
1204
789
891
1145
3174
2786
E:\FR\FM\03FEN1.SGM
SFY 1726.
ALB 979.
ALB 967.
ALB 1027.
ALB 953.
ALB 965.
ALB 983.
SFY 234 & 2611.
ALB 972.
SFY 2333.
ALB 6304.
ALB 6390.
03FEN1
5757
Federal Register / Vol. 80, No. 22 / Tuesday, February 3, 2015 / Notices
EXHIBIT A—Continued
Area
number
rljohnson on DSK3VPTVN1PROD with NOTICES
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
City
State
Bakersfield .....................................
Burbank ..........................................
Calabasas ......................................
Camarillo ........................................
Carlsbad (North) ............................
Carlsbad (South) ............................
Carpinteria ......................................
Cheviot Hills/Culver City ................
Chino Hills ......................................
Coronado Island .............................
Diamond Bar ..................................
El Cajon .........................................
Hermosa Beach .............................
Imperial Beach ...............................
La Jolla ...........................................
La Mesa .........................................
Ladera Ranch ................................
Laguna Beach ................................
Laguna Niguel ................................
Lakewood .......................................
Lemon Grove .................................
Lomita ............................................
Lompoc ..........................................
Mira Mesa (North) ..........................
Mira Mesa (South) .........................
Mission Viejo/Laguna Hills .............
Mission Viejo (North) .....................
Morro Bay ......................................
National City ...................................
Newbury Park ................................
Newport Beach ..............................
Oxnard ...........................................
Palm Desert/Rancho Mirage ..........
Palmdale ........................................
Paso Robles ...................................
Poway ............................................
Rancho Cucamonga/Upland ..........
Rancho Santa Margarita ................
San Diego (Clairemont) .................
San Diego (Hillcrest/University
Heights).
San Diego, CA (Tierrasanta) .........
San Luis Obispo ............................
San Marcos ....................................
San Pedro ......................................
Santa Barbara ................................
Santa Barbara/Goleta ....................
Santa Clarita ..................................
Santa Monica .................................
Santee ............................................
Simi Valley .....................................
Solana Beach .................................
Thousand Oaks ..............................
Tujunga ..........................................
Tustin (central) ...............................
Tustin/Irvine ....................................
Ventura ...........................................
Westlake Village ............................
Yorba Linda ....................................
Butte ...............................................
Deer Lodge ....................................
Missoula .........................................
Boulder City ...................................
Henderson (East) ...........................
Henderson (Southwest) .................
Summerlin ......................................
Ashland ..........................................
Baker County .................................
Bend ...............................................
Eugene ...........................................
Grants Pass ...................................
VerDate Sep<11>2014
14:46 Feb 02, 2015
Jkt 235001
PO 00000
Merger
result
HHI
(pre)
HHI
(post)
Delta
Divested store(s)
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
6
3
3
5
4
5
2
4
4
2
3
4
5
2
3
3
2
3
4
6
3
3
4
5
2
4
3
5
3
3
5
4
6
4
4
4
4
4
3
3
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
5
2
2
4
3
4
1
3
3
1
2
3
4
1
2
2
1
2
3
5
2
2
3
4
1
3
2
4
2
2
4
3
5
3
3
3
3
3
2
2
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
1923
4199
3400
2950
2977
2209
5012
2394
3596
5025
4466
2983
2752
5869
5505
3382
5081
3335
3190
2073
3581
3695
2566
2412
6904
3157
3933
2965
3748
3629
3160
2939
2196
3056
2851
2540
3266
2628
4066
4436
2562
5011
5415
4215
3888
3210
10,000
3914
4047
10,000
5231
3597
4371
10,000
7083
5997
10,000
5799
3883
2581
6059
5040
3713
3808
10,000
3784
5012
4056
5013
5833
3811
3375
3094
4039
5427
3526
4118
4300
6374
6571
639
812
2015
1265
911
1001
4988
1520
451
4975
765
614
1619
4131
1578
2615
4919
2464
693
508
2478
1345
1147
1396
3096
627
1079
1091
1265
2204
651
436
898
983
2576
986
852
1672
2308
2135
ALB 6323, 6325 & 6379.
ALB 6315.
SFY 2031.
ALB 6385.
ALB 6701.
ALB 6720.
SFY 2425.
ALB 6168 & 6169.
SFY 2597.
ALB 6747.
SFY 2062.
ALB 6771.
ALB 6127, 6138, 6153 & 6189.
ALB 6228.
ALB 6788.
SFY 2064 & 2137.
SFY 2703.
ALB 6575.
SFY 1676.
ALB 6154.
SFY 2365.
ALB 6107.
ALB 6339.
ALB 6742 & 6772.
ALB 6770.
ALB 6517.
SFY 1670.
SFY 2312.
SFY 2006, 2336 & 3063.
SFY 1793.
ALB 6504.
ALB 6217.
SFY 2383 & 3218.
ALB 6329.
SFY 2317.
ALB 6741 & 6763.
ALB 6523 & 6589.
ALB 6521.
ALB 6781.
ALB 6714 & 6715.
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
MT
MT
MT
NV
NV
NV
NV
OR
OR
OR
OR
OR
2
4
3
3
4
3
4
4
3
5
3
3
3
4
4
4
5
4
3
2
4
2
4
3
4
2
2
6
5
4
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
1
3
2
2
3
2
3
3
2
4
2
2
2
3
3
3
4
3
2
1
3
1
3
2
3
1
1
5
4
3
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
5586
2896
5991
3518
2741
3909
2646
3293
3477
3633
3830
4057
3688
3474
3939
2732
1955
2803
4701
5000
3107
5051
2705
3653
3107
5013
5102
2632
2392
2769
10,000
5306
6282
6442
3462
7469
3732
4879
6133
7101
6188
6047
3969
4348
4485
3550
3563
4588
5189
10,000
4063
10,000
3356
5042
4367
10,000
10,000
3824
3414
3537
4414
2410
291
2924
721
3560
1086
1586
2656
3468
2358
1990
281
874
546
818
1608
1785
488
5000
956
4949
651
1389
1260
4987
4898
1192
1022
768
ALB 6760.
ALB 6372 & 6409.
SFY 2174.
ALB 6160 & 6164.
ALB 6351 & 6352.
SFY 2048 & 2691.
SFY 1669 & 1961.
ALB 6162.
ALB 6727.
ALB 6317 & 6363; SFY 2163.
ALB 6702.
ALB 6369.
ALB 6397.
SFY 2146 & 2324.
SFY 2822.
ALB 6318.
ALB 6388.
ALB 6510.
ALB 2007.
SFY 3256.
SFY 1573 & 2619.
SFY 2391.
ALB 6014 & 6019.
ALB 6028.
SFY 1688, 2392 & 2395.
SFY 4292.
ALB 261.
ALB 587 & 588.
ALB 507 & 568.
ALB 501 & 537.
Frm 00030
Fmt 4703
Sfmt 4703
E:\FR\FM\03FEN1.SGM
03FEN1
5758
Federal Register / Vol. 80, No. 22 / Tuesday, February 3, 2015 / Notices
EXHIBIT A—Continued
Area
number
83
84
85
86
87
88
89
90
91
92
93
94
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
.........
95 .........
96 .........
97 .........
98 .........
99 .........
100 .......
101 .......
102 .......
103 .......
104 .......
105 .......
106 .......
107 .......
108 .......
109 .......
110 .......
111 .......
112 .......
113 .......
114 .......
115 .......
116 .......
117 .......
118 .......
119 .......
120 .......
121 .......
122 .......
123 .......
124 .......
125 .......
126 .......
127 .......
128 .......
129 .......
130 .......
City
State
Happy Valley/Clackamas ...............
Keizer .............................................
Klamath Falls .................................
Lake Oswego .................................
Milwaukie .......................................
Sherwood .......................................
Springfield ......................................
Tigard .............................................
West Linn .......................................
Colleyville .......................................
Dallas (Far North) ..........................
Dallas (Farmers Branch/North Dallas).
Dallas (University Park/Highland
Park).
Dallas (University Park/Northeast
Dallas).
McKinney .......................................
Plano ..............................................
Roanoke .........................................
Rowlett ...........................................
Bremerton ......................................
Burien .............................................
Everett ............................................
Federal Way ...................................
Gig Harbor .....................................
Lake Forest Park ...........................
Lake Stevens .................................
Lakewood .......................................
Liberty Lake ...................................
Milton ..............................................
Monroe ...........................................
Oak Harbor ....................................
Olympia (East) ...............................
Port Angeles ..................................
Port Orchard ..................................
Puyallup .........................................
Renton (East Hill-Meridian) ............
Renton (New Castle) .....................
Sammamish ...................................
Shoreline ........................................
Silverdale .......................................
Snohomish .....................................
Tacoma (Eastside) .........................
Tacoma (Spanaway) ......................
Walla Walla ....................................
Wenatchee .....................................
Woodinville .....................................
Casper ............................................
Laramie ..........................................
Sheridan .........................................
Merger
result
to
to
to
to
to
to
to
to
to
to
to
to
HHI
(post)
....
....
....
....
....
....
....
....
....
....
....
....
5006
2852
2511
3176
5729
3989
4400
2261
3611
2686
2413
3746
10,000
3367
2917
5604
6082
5028
5197
2984
6268
3465
2891
5175
4994
515
406
2428
353
1039
797
723
2657
779
478
1429
ALB 503.
ALB 562.
SFY 1766 & 4395.
ALB 521.
ALB 566.
ALB 579.
SFY 311.
ALB 559, 565 & 576.
ALB 506.
SFY 3555 & 3576.
ALB 4140.
ALB 4182.
TX
4 to 3 ....
2755
4261
1506
ALB 4134 & 4168.
TX
5 to 4 ....
2345
3065
720
ALB 4132 & 4297.
TX
TX
TX
TX
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WY
WY
WY
5
4
3
3
4
5
5
5
3
5
5
5
3
3
4
3
6
3
4
3
4
4
2
4
4
2
4
5
5
3
3
4
3
3
2692
3105
4680
3386
2721
1979
2301
2312
3396
3889
2646
2333
3483
3960
2911
4296
2205
3773
2747
4160
3304
4417
5761
3792
2845
5595
3260
2707
2624
3744
3568
3816
3793
4802
3613
3541
5351
5450
3399
4489
2586
2709
5235
4352
3455
3170
5090
5010
3352
6446
2566
5588
3362
5072
3719
5274
10,000
4017
3516
10,000
3727
3360
3417
5047
5192
4353
5000
5421
921
436
671
2064
678
2510
285
397
1839
463
809
837
1607
1050
441
2150
361
1815
615
912
415
857
4239
225
671
4405
467
653
793
1303
1624
537
1207
619
SFY 3573.
SFY 2568.
ALB 4149.
ALB 4197.
ALB 443.
ALB 411 & 473.
SFY 517.
ALB 496.
SFY 2949.
ALB 425.
ALB 477.
ALB 465.
SFY 1741.
ALB 472.
ALB 476.
SFY 3518.
ALB 415.
ALB 404.
SFY 1082.
ALB 468.
ALB 470.
SFY 1468.
ALB 403.
SFY 442.
ALB 492.
ALB 401.
ALB 498.
SFY 551.
ALB 225.
ALB 244.
ALB 459.
SFY 433 & 2468.
ALB 2063.
SFY 2664.
4
3
2
2
3
4
4
4
2
4
4
4
2
2
3
2
5
2
3
2
3
3
1
3
3
1
3
4
4
2
2
3
2
2
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
GENERAL SERVICES
ADMINISTRATION
[FR Doc. 2015–01971 Filed 2–2–15; 8:45 am]
[Notice–CECANF–2015–01; Docket No.
2015–0004; Sequence No. 1]
rljohnson on DSK3VPTVN1PROD with NOTICES
Commission To Eliminate Child Abuse
and Neglect Fatalities; Announcement
of Meeting
Commission To Eliminate
Child Abuse and Neglect Fatalities.
ACTION: Meeting notice.
AGENCY:
The Commission to Eliminate
Child Abuse and Neglect Fatalities
SUMMARY:
VerDate Sep<11>2014
14:46 Feb 02, 2015
Jkt 235001
Divested store(s)
2
5
5
4
3
3
3
5
3
5
5
4
By direction of the Commission.
Donald S. Clark,
Secretary.
BILLING CODE 6750–01–P
Delta
OR
OR
OR
OR
OR
OR
OR
OR
OR
TX
TX
TX
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
1
4
4
3
2
2
2
4
2
4
4
3
HHI
(pre)
PO 00000
Frm 00031
Fmt 4703
Sfmt 4703
(CECANF), a Federal Advisory
Committee established by the Protect
Our Kids Act of 2012, Public Law 112–
275, will hold a meeting open to the
public on Thursday, February 26, 2015
and Friday, February 27, 2015 in
Portland, Oregon.
DATES: The meetings will be held on
Thursday, February 26, 2015, from 8:00
a.m. to 5:30 p.m., and Friday, February
27, 2015 from 8:00 a.m. to 12:30 p.m.
Pacific Standard Time.
ADDRESSES: CECANF will convene its
meeting at the Marriott City Center, 520
SW Broadway, Portland, Oregon 97205.
E:\FR\FM\03FEN1.SGM
03FEN1
]]>Agencies
[Federal Register Volume 80, Number 22 (Tuesday, February 3, 2015)]
[Notices]
[Pages 5753-5758]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-01971]
=======================================================================
-----------------------------------------------------------------------
FEDERAL TRADE COMMISSION
[File No. 141 0108]
Cerberus Institutional Partners V, L.P., AB Acquisition LLC, and
Safeway Inc.; Analysis of Proposed Consent Order To Aid Public Comment
AGENCY: Federal Trade Commission.
ACTION: Proposed Consent Agreement.
-----------------------------------------------------------------------
SUMMARY: The consent agreement in this matter settles alleged
violations of federal law prohibiting unfair methods of competition.
The attached Analysis to Aid Public Comment describes both the
allegations in the draft complaint and the terms of the consent order--
embodied in the consent agreement--that would settle these allegations.
DATES: Comments must be received on or before February 26, 2015.
ADDRESSES: Interested parties may file a comment at https://ftcpublic.commentworks.com/ftc/albertsonssafewayconsent online or on
paper, by following the instructions in the Request for Comment part of
the SUPPLEMENTARY INFORMATION section below. Write ``Albertson's and
Safeway Inc.,--Consent Agreement; File No. 141 0108'' on your comment
and file your comment online at https://ftcpublic.commentworks.com/ftc/albertsonssafewayconsent by following the instructions on the web-based
form. If you prefer to file your comment on paper, write ``Albertson's
and Safeway Inc.,--Consent Agreement; File No. 141 0108'' on your
comment and on the envelope, and mail your comment to the following
address: Federal Trade Commission, Office of the Secretary, 600
Pennsylvania Avenue NW., Suite CC-5610 (Annex D), Washington, DC 20580,
or deliver your comment to the following address: Federal Trade
Commission, Office of the Secretary, Constitution Center, 400 7th
Street SW., 5th Floor, Suite 5610 (Annex D), Washington, DC 20024.
FOR FURTHER INFORMATION CONTACT: Alexis Gilman, Bureau of Competition,
(202-326-2579) or Dan Ducore, Bureau of Competition, (202-326-2526),
600 Pennsylvania Avenue NW., Washington, DC 20580.
SUPPLEMENTARY INFORMATION: Pursuant to Section 6(f) of the Federal
Trade Commission Act, 15 U.S.C. 46(f), and FTC Rule 2.34, 16 CFR 2.34,
notice is hereby given that the above-captioned consent agreement
containing consent order to cease and desist, having been filed with
and accepted, subject to final approval, by the Commission, has been
placed on the public record for a period of thirty (30) days. The
following Analysis to Aid Public Comment describes the terms of the
consent agreement, and the allegations in the complaint. An electronic
copy of the full text of the consent agreement package can be obtained
from the FTC Home Page (for January 27, 2015), on the World Wide Web,
at https://www.ftc.gov/os/actions.shtm.
You can file a comment online or on paper. For the Commission to
consider your comment, we must receive it on or before February 26,
2015. Write ``Albertson's and Safeway Inc.,--Consent Agreement; File
No. 141 0108'' on your comment. Your comment--including your name and
your state--will be placed on the public record of this proceeding,
including, to the extent practicable, on the public Commission Web
site, at https://www.ftc.gov/os/publiccomments.shtm. As a matter of
discretion, the Commission tries to remove individuals' home contact
information from comments before placing them on the Commission Web
site.
Because your comment will be made public, you are solely
responsible for making sure that your comment does not include any
sensitive personal information, like anyone's Social Security number,
date of birth, driver's license number or other state identification
number or foreign country equivalent, passport number, financial
account number, or credit or debit card number. You are also solely
responsible for making sure that your comment does not include any
sensitive health information, like medical records or other
individually identifiable health information. In addition, do not
include any ``[t]rade secret or any commercial or financial information
which . . . is privileged or confidential,'' as discussed in Section
6(f) of the FTC Act, 15 U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16 CFR
4.10(a)(2). In particular, do not include competitively sensitive
information such as costs, sales statistics, inventories, formulas,
patterns, devices, manufacturing processes, or customer names.
If you want the Commission to give your comment confidential
treatment, you must file it in paper form, with a request for
confidential treatment, and you have to follow the procedure explained
in FTC Rule 4.9(c), 16 CFR 4.9(c).\1\ Your comment will be kept
confidential only if the FTC General Counsel, in his or her sole
discretion, grants your request in accordance with the law and the
public interest.
---------------------------------------------------------------------------
\1\ In particular, the written request for confidential
treatment that accompanies the comment must include the factual and
legal basis for the request, and must identify the specific portions
of the comment to be withheld from the public record. See FTC Rule
4.9(c), 16 CFR 4.9(c).
---------------------------------------------------------------------------
Postal mail addressed to the Commission is subject to delay due to
heightened security screening. As a result, we encourage you to submit
your comments online. To make sure that the Commission considers your
online comment, you must file it at https://ftcpublic.commentworks.com/ftc/albertsonssafewayconsent by following the instructions on the web-
based form. If this Notice appears at https://www.regulations.gov/#!home, you also may file a comment through that Web site.
If you file your comment on paper, write ``Albertson's and Safeway
Inc.,--Consent Agreement; File No. 141 0108'' on your comment and on
the envelope, and mail your comment to the following address: Federal
Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW.,
Suite CC-5610 (Annex D), Washington, DC 20580, or deliver your comment
to the following address: Federal Trade Commission, Office of the
Secretary, Constitution Center, 400 7th Street SW., 5th Floor, Suite
5610 (Annex D), Washington, DC 20024. If possible, submit your paper
comment to the Commission by courier or overnight service.
Visit the Commission Web site at https://www.ftc.gov to read this
Notice and the news release describing it. The
[[Page 5754]]
FTC Act and other laws that the Commission administers permit the
collection of public comments to consider and use in this proceeding as
appropriate. The Commission will consider all timely and responsive
public comments that it receives on or before February 26, 2015. You
can find more information, including routine uses permitted by the
Privacy Act, in the Commission's privacy policy, at https://www.ftc.gov/ftc/privacy.htm.
Analysis of Agreement Containing Consent Order To Aid Public Comment
I. Introduction and Background
The Federal Trade Commission (``Commission'') has accepted for
public comment, subject to final approval, an Agreement Containing
Consent Order (``Consent Order'') from Cerberus Institutional Partners
V, L.P. (``Cerberus''), its wholly owned subsidiary, AB Acquisition,
LLC (``Albertson's''), and Safeway Inc. (``Safeway'') (collectively,
the ``Respondents''). On March 6, 2014, Albertson's and Safeway entered
into a merger agreement whereby Albertson's agreed to purchase 100% of
the equity of Safeway for approximately $9.2 billion (the
``Acquisition''). The purpose of the proposed Consent Order is to
remedy the anticompetitive effects that otherwise would result from the
Acquisition. Under the terms of the proposed Consent Order, Respondents
are required to divest 168 stores and related assets in 130 local
supermarket geographic markets (collectively, the ``relevant markets'')
in eight states to four Commission-approved buyers. The divestitures
must be completed within a time-period ranging from 60 to 150 days
following the date of the Acquisition. Finally, the Commission and
Respondents have agreed to an Order to Maintain Assets that requires
Respondents to operate and maintain each divestiture store in the
normal course of business, through the date the store is ultimately
divested to a buyer.
The proposed Consent Order has been placed on the public record for
30 days to solicit comments from interested persons. Comments received
during this period will become part of the public record. After 30
days, the Commission again will review the proposed Consent Order and
any comments received, and decide whether it should withdraw the
Consent Order, modify the Consent Order, or make it final.
The Commission's Complaint alleges that the Acquisition, if
consummated, would violate Section 7 of the Clayton Act, as amended, 15
U.S.C. 18, and Section 5 of the Federal Trade Commission Act, as
amended, 15 U.S.C. 45, by removing an actual, direct, and substantial
supermarket competitor in the 130 local supermarket geographic markets.
The elimination of this competition would result in significant
competitive harm; specifically the Acquisition will allow the combined
entity to increase prices above competitive levels, unilaterally or by
coordinating with remaining market participants. Similarly, absent a
remedy, there is significant risk that the merged firm may decrease
quality and service aspects of their stores below competitive levels.
The proposed Consent Order would remedy the alleged violations by
requiring divestitures to replace competition that otherwise would be
lost in the relevant markets because of the Acquisition.
The Respondents
AB Acquisition, LLC, owned by New York-based private equity firm
Cerberus Capital Management, L.P., is the parent company of Albertson's
LLC and New Albertson's, Inc. (together ``Albertson's''). As of March
19, 2014, Albertson's LLC operated 630 supermarkets, primarily under
its Albertson's banner. Presently, Albertson's stores are located in
Arkansas, Arizona, California, Colorado, Florida, Idaho, Louisiana,
Montana, Nevada, New Mexico, North Dakota, Oregon, Texas, Utah,
Washington, and Wyoming. Albertson's LLC also operates supermarkets in
Texas under the Market Street, Amigos, and United Supermarkets banners.
United Supermarkets is a traditional grocery store, while Market Street
offers specialty and ``whole-health'' products, and Amigos has an
international and Hispanic format. As of March 19, 2014, New
Albertson's, Inc., owned and operated 445 supermarkets under the Jewel-
Osco, ACME, Shaw's, and Star Market banners, dispersed throughout Iowa,
Illinois, Indiana, Delaware, Maryland, Pennsylvania, New Jersey,
Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont.
As of December 2013, Safeway owned 1,332 supermarkets, making it
one of the largest food and drug retailers in the United States. Stores
are operated under the Safeway banner in Alaska, Arizona, California,
Colorado, District of Columbia, Delaware, Hawaii, Idaho, Maryland,
Montana, Nebraska, Nevada, New Mexico, Oregon, South Dakota, Virginia,
Washington, and Wyoming. Safeway also operates stores under the
following banners: Pavilions, Pak 'n Save, and The Market in
California; Randall's and Tom Thumb in Texas; Genuardi's in
Pennsylvania; Vons in California and Nevada; and Carr's in Alaska.
Retail Sale of Food and Other Grocery Products In Supermarkets
The Acquisition presents substantial antitrust concerns for the
retail sale of food and other grocery products in supermarkets.
Supermarkets are defined as traditional full-line retail grocery stores
that sell, on a large-scale basis, food and non-food products that
customers regularly consume at home--including, but not limited to,
fresh meat, dairy products, frozen foods, beverages, bakery goods, dry
groceries, detergents, and health and beauty products. This broad set
of products and services provides a ``one-stop shopping'' experience
for consumers by enabling them to shop in a single store for all of
their food and grocery needs. The ability to offer consumers one-stop
shopping is a critical differentiating factor between supermarkets and
other food retailers.
The relevant product market includes supermarkets within
``hypermarkets,'' such as Wal-Mart Supercenters. Hypermarkets also sell
an array of products that would not be found in traditional
supermarkets. However, hypermarkets, like conventional supermarkets,
contain bakeries, delis, dairy, produce, fresh meat, and sufficient
product offerings to enable customers to purchase all of their weekly
grocery requirements in a single shopping visit.
Other types of retailers--such as hard discounters, limited
assortment stores, natural and organic markets, ethnic specialty
stores, and club stores--also sell food and grocery items. These types
of retailers, however, are not in the relevant product market because
they offer a more limited range of products and services than
supermarkets and because they appeal to a distinct customer type.
Shoppers typically do not view these other food and grocery retailers
as adequate substitutes for supermarkets.\2\ Further, although these
other types of retailers offer some competition, supermarkets do not
view them as providing as significant or close competition as
traditional supermarkets. Thus, consistent with prior Commission
precedent, these other types of retailers are excluded from the
relevant product market.\3\
---------------------------------------------------------------------------
\2\ Supermarket shoppers would be unlikely to switch to one of
these other types of retailers in response to a small but
significant increase in price or ``SSNIP'' by a hypothetical
supermarket monopolist. See U.S. DOJ and FTC Horizontal Merger
Guidelines Sec. 4.1.1 (2010).
\3\ See, e.g., Bi-Lo Holdings, LLC/Delhaize America, LLC, Docket
C-4440 (February 25, 2014); AB Acquisition, LLC, Docket C-4424
(December 23, 2013); Konkinlijke Ahold N.V./Safeway Inc., Docket C-
4367 (August 17, 2012); Shaw's/Star Markets, Docket C-3934 (June 28,
1999); Kroger/Fred Meyer, Docket C-3917 (January 10, 2000);
Albertson's/American Stores, Docket C-3986 (June 22, 1999); Ahold/
Giant, Docket C-3861 (April 5, 1999); Albertson's/Buttrey, Docket C-
3838 (December 8, 1998); Jitney-Jungle Stores of America, Inc.,
Docket C-3784 (January 30, 1998). But see Wal-Mart/Supermercados
Amigo, Docket C-4066 (November 21, 2002) (the Commission's complaint
alleged that in Puerto Rico, club stores should be included in a
product market that included supermarkets because club stores in
Puerto Rico enabled consumers to purchase substantially all of their
weekly food and grocery requirements in a single shopping visit).
---------------------------------------------------------------------------
[[Page 5755]]
The relevant geographic markets in which to analyze the effects of
the Acquisition are areas that range from a two- to ten-mile radius
around each of the Respondents' supermarkets, depending on factors such
as population density, traffic patterns, and unique characteristics of
each market. Where the Respondents' supermarkets are located in rural,
isolated areas, the relevant geographic areas are larger than areas
where the Respondents' supermarkets are located in more densely
populated suburban areas. A hypothetical monopolist of the retail sale
of food and grocery products in supermarkets in each relevant area
could profitably impose a small but significant non-transitory increase
in price.
The 130 geographic markets in which to analyze the effects of the
Acquisition are local areas in and around: (1) Anthem, Arizona; (2)
Carefree, Arizona; (3) Flagstaff, Arizona; (4) Lake Havasu, Arizona;
(5) Prescott, Arizona; (6) Prescott Valley, Arizona; (7) Scottsdale,
Arizona; (8) Tucson (Eastern), Arizona; (9) Tucson (Southwest),
Arizona; (10) Alpine, California; (11) Arroyo Grande/Grover Beach,
California; (12) Atascadero, California; (13) Bakersfield, California;
(14) Burbank, California; (15) Calabasas, California; (16) Camarillo,
California; (17) Carlsbad (North), California; (18) Carlsbad (South),
California; (19) Carpinteria, California; (20) Cheviot Hills/Culver
City, California; (21) Chino Hills, California; (22) Coronado,
California; (23) Diamond Bar, California; (24) El Cajon, California;
(25) Hermosa Beach, California; (26) Imperial Beach, California; (27)
La Jolla, California; (28) La Mesa, California; (29) Ladera Ranch,
California; (30) Laguna Beach, California; (31) Laguna Niguel,
California; (32) Lakewood, California; (33) Lemon Grove, California;
(34) Lomita, California; (35) Lompoc, California; (36) Mira Mesa
(North), California; (37) Mira Mesa (South), California; (38) Mission
Viejo/Laguna Hills, California; (39) Mission Viejo (North), California;
(40) Morro Bay, California; (41) National City, California; (42)
Newbury, California; (43) Newport, California; (44) Oxnard, California;
(45) Palm Desert/Rancho Mirage, California; (46) Palmdale, California;
(47) Paso Robles, California; (48) Poway, California; (49) Rancho
Cucamonga/Upland, California; (50) Rancho Santa Margarita, California;
(51) San Diego (Clairemont), California; (52) San Diego (Hillcrest/
University Heights), California; (53) San Diego (Tierrasanta),
California; (54) San Luis Obispo, California; (55) San Marcos,
California; (56) San Pedro, California; (57) Santa Barbara, California;
(58) Santa Barbara/Goleta, California; (59) Santa Clarita, California;
(60) Santa Monica, California; (61) Santee, California; (62) Simi
Valley, California; (63) Solana Beach, California; (64) Thousand Oaks,
California; (65) Tujunga, California; (66) Tustin (Central),
California; (67) Tustin/Irvine, California; (68) Ventura, California;
(69) Westlake Village, California; (70) Yorba Linda, California; (71)
Butte, Montana; (72) Deer Lodge, Montana; (73) Missoula, Montana; (74)
Boulder City, Nevada; (75) Henderson, (East), Nevada; (76) Henderson
(Southwest), Nevada; (77) Summerlin, Nevada; (78) Ashland, Oregon; (79)
Baker County, Oregon; (80) Bend, Oregon; (81) Eugene, Oregon; (82)
Grants Pass, Oregon; (83) Happy Valley/Clackamas, Oregon; (84) Keizer,
Oregon; (85) Klamath Falls, Oregon; (86) Lake Oswego, Oregon; (87)
Milwaukie, Oregon; (88) Sherwood, Oregon; (89) Springfield, Oregon;
(90) Tigard, Oregon; (91) West Linn, Oregon; (92) Colleyville, Texas;
(93) Dallas (Far North), Texas; (94) Dallas (Farmers/Branch/North
Dallas), Texas; (95) Dallas (University Park/Highland Park), Texas;
(96) Dallas (University Park/Northeast), Texas; (97) McKinney, Texas;
(98) Plano, Texas; (99) Roanoke, Texas; (100) Rowlett, Texas; (101)
Bremerton, Washington; (102) Burien, Washington; (103) Everett,
Washington; (104) Federal Way, Washington; (105) Gig Harbor,
Washington; (106) Lake Forest Park, Washington; (107) Lake Stevens,
Washington; (108) Lakewood, Washington; (109) Liberty Lake, Washington;
(110) Milton, Washington; (111) Monroe, Washington; (112) Oak Harbor,
Washington; (113) Olympia (East), Washington; (114) Port Angeles,
Washington; (115) Port Orchard, Washington; (116) Puyallup, Washington;
(117) Renton (East Hill-Meridian), Washington; (118) Renton (New
Castle), Washington; (119) Sammamish, Washington; (120) Shoreline,
Washington; (121) Silverdale, Washington; (122) Snohomish, Washington;
(123) Tacoma (Eastside), Washington; (124) Tacoma (Spanaway),
Washington; (125) Walla Walla, Washington; (126) Wenatchee, Washington;
(127) Woodinville, Washington; (128) Casper, Wyoming; (129) Laramie,
Wyoming; and (130) Sheridan, Wyoming.
Each of the relevant geographic markets is highly concentrated and
the Acquisition would significantly increase market concentration and
eliminate substantial direct competition between two significant
supermarket operators. The post-Acquisition HHI levels in the relevant
markets vary from 2,562 to 10,000 points, and the HHI deltas vary from
225 to 5,000 points. Under the 2010 Department of Justice and Federal
Trade Commission Horizontal Merger Guidelines (``Merger Guidelines''),
an acquisition that results in an HHI in excess of 2,500 points and
increases the HHI by more than 200 points is presumed anticompetitive.
Thus, the presumptions of illegality and anticompetitive effects are
easily met, and often far exceeded, in the relevant geographic markets
at issue.
The relevant markets are also highly concentrated in terms of the
number of remaining market participants post-Acquisition. Of the 130
geographic markets, the acquisition will result in a merger-to-monopoly
in 13 markets and a merger-to-duopoly in 42 markets. In the remaining
markets, the Acquisition will reduce the number of market participants
from four to three in 43 markets, five to four in 27 markets, and six
to five in five markets.\4\
---------------------------------------------------------------------------
\4\ See Exhibit A.
---------------------------------------------------------------------------
The anticompetitive implications of such significant increases in
market concentration are reinforced by substantial evidence
demonstrating that Albertson's and Safeway are close and vigorous
competitors in terms of price, format, service, product offerings,
promotional activity, and location in each of the relevant geographic
markets. Absent relief, the Acquisition would eliminate significant
head-to-head competition between Albertson's and Safeway and would
increase the ability and incentive of Albertson's to raise prices
unilaterally post-Acquisition. The Acquisition would also decrease
incentives to compete on non-price factors, such as service levels,
convenience, and quality. Lastly, the high levels of concentration also
increase the likelihood of competitive harm through coordinated
interaction in markets in which Albertson's will face only one other
traditional supermarket competitor post-Acquisition. Given the
transparency of pricing and promotional
[[Page 5756]]
practices among supermarkets and that supermarkets ``price check''
competitors in the ordinary course of business, the Acquisition
increases the possibility that Albertson's and its remaining competitor
could simply follow each other's price increases post-Acquisition.
New entry or expansion in the relevant markets is unlikely to deter
or counteract the anticompetitive effects of the Acquisition. Moreover,
even if a prospective entrant existed, the entrant must secure a viable
location, obtain the necessary permits and governmental approvals,
build its retail establishment or renovate an existing building, and
open to customers before it could begin operating and serve as a
relevant competitive constraint. As a result, new entry sufficient to
achieve a significant market impact and act as a competitive constraint
is unlikely to occur in a timely manner.
The Proposed Consent Order
The proposed remedy, which requires the divestiture of Albertson's
or Safeway supermarkets in the relevant markets to four Commission-
approved up-front buyers (the ``proposed buyers'') will restore fully
the competition that otherwise would be eliminated in these markets as
a result of the Acquisition. Specifically, Respondents have agreed to
divest:
146 stores and related assets in Arizona, California,
Nevada, Oregon, and Washington to Haggen, Inc. (``Haggen'');
Two stores in Washington to Supervalu, Inc.
(``Supervalu'');
12 stores and related assets in Texas to Associated
Wholesale Grocers (``AWG''); and
Eight stores and related assets in Montana and Wyoming to
Associated Food Stores (``Associated'').
The proposed buyers appear to be highly suitable purchasers and are
well positioned to enter the relevant geographic markets and prevent
the increase in market concentration and likely competitive harm that
otherwise would have resulted from the Acquisition. The supermarkets
currently owned by any of the proposed buyers are all located outside
the relevant geographic markets in which they are purchasing divested
stores.
Haggen is a regional supermarket chain with 18 supermarkets in
Washington and Oregon. Haggen will purchase all but two of the divested
stores in Washington, because Haggen already operates stores in those
two geographic markets. Supervalu will purchase the two stores in
Washington that Haggen is not purchasing. Supervalu is a wholesale
distributor that also operates 190 corporate-owned supermarkets and
previously owned these two Washington stores. AWG is a member-owned
cooperative grocery wholesaler supplying nearly 3,000 supermarkets in
33 states. Although AWG does not currently own or operate any
supermarkets, AWG has owned and operated corporate-owned supermarkets
in the past. Finally, Associated is a member-owned cooperative grocery
wholesaler that supplies and operates retail supermarkets. Associated's
members operate approximately 424 grocery stores in ten states, and the
cooperative, through a subsidiary, owns and operates 43 corporate-owned
supermarkets located in Utah and Nevada. It is expected that AWG will
assign its operating rights in the 12 Texas stores it is acquiring to
RLS Supermarkets, LLC (d/b/a Minyard Food Stores) and that Associated
will assign its rights in the eight Montana and Wyoming stores it is
acquiring to Missoula Fresh Market LLC, Ridley's Family Markets, Inc.,
and Stokes Inc.
The Proposed Consent Order requires Respondents to divest: (a) The
Arizona, California, Nevada, Oregon, and Washington assets to Haggen
within 150 days from the date of the Acquisition; (b) the two stores in
Washington to Supervalu within 100 days of the date of the Acquisition;
(c) the Texas assets to AWG within 60 days of the date of the
Acquisition; and (d) the Montana and Wyoming assets to Associated
within 60 days of the date of the Acquisition. If, at the time before
the Proposed Consent Order is made final, the Commission determines
that any of the proposed buyers are not acceptable buyers, Respondents
must immediately rescind the divestiture(s) and divest the assets to a
different buyer that receives the Commission's prior approval.
The proposed Consent Order contains additional provisions designed
to ensure the adequacy of the proposed relief. For example, Respondents
have agreed to an Order to Maintain Assets that will be issued at the
time the Proposed Consent Order is accepted for public comment. The
Order to Maintain Assets requires Albertson's and Safeway to operate
and maintain each divestiture store in the normal course of business,
through the date the store is ultimately divested to a buyer. Since the
divestiture schedule runs for an extended period of time (potentially
up to 150 days following the Acquisition date), the Proposed Consent
Order appoints Richard King as a Monitor to oversee the Respondents'
compliance with the requirements of the Proposed Consent Order and
Order to Maintain Assets. Mr. King has the experience and skill-set to
be an effective Monitor, no identifiable conflicts, and sufficient time
to dedicate to this matter through its conclusion. Lastly, for a period
of ten years, Albertson's is required to give the Commission prior
notice of plans to acquire any interest in a supermarket that has
operated or is operating in the counties included in the relevant
markets.
* * *
The sole purpose of this Analysis is to facilitate public comment
on the proposed Consent Order. This Analysis does not constitute an
official interpretation of the proposed Consent Order, nor does it
modify its terms in any way.
Exhibit A
----------------------------------------------------------------------------------------------------------------
Merger HHI
Area number City State result HHI (pre) (post) Delta Divested store(s)
----------------------------------------------------------------------------------------------------------------
1.......... Anthem............... AZ 4 to 3.... 2768 3423 655 SFY 1726.
2.......... Carefree............. AZ 5 to 4.... 2298 2976 678 ALB 979.
3.......... Flagstaff............ AZ 5 to 4.... 2744 3365 621 ALB 967.
4.......... Lake Havasu.......... AZ 4 to 3.... 2609 3401 792 ALB 1027.
5.......... Prescott............. AZ 4 to 3.... 2675 3405 730 ALB 953.
6.......... Prescott Valley...... AZ 4 to 3.... 2828 3340 512 ALB 965.
7.......... Scottsdale........... AZ 3 to 2.... 3797 5001 1204 ALB 983.
8.......... Tucson (Eastern)..... AZ 4 to 3.... 3341 4130 789 SFY 234 & 2611.
9.......... Tucson (Southwest)... AZ 5 to 4.... 2018 2909 891 ALB 972.
10......... Alpine............... CA 3 to 2.... 3857 5002 1145 SFY 2333.
11......... Arroyo Grande/Grover CA 3 to 2.... 3690 6864 3174 ALB 6304.
Beach.
12......... Atascadero........... CA 3 to 2.... 3456 6242 2786 ALB 6390.
[[Page 5757]]
13......... Bakersfield.......... CA 6 to 5.... 1923 2562 639 ALB 6323, 6325 &
6379.
14......... Burbank.............. CA 3 to 2.... 4199 5011 812 ALB 6315.
15......... Calabasas............ CA 3 to 2.... 3400 5415 2015 SFY 2031.
16......... Camarillo............ CA 5 to 4.... 2950 4215 1265 ALB 6385.
17......... Carlsbad (North)..... CA 4 to 3.... 2977 3888 911 ALB 6701.
18......... Carlsbad (South)..... CA 5 to 4.... 2209 3210 1001 ALB 6720.
19......... Carpinteria.......... CA 2 to 1.... 5012 10,000 4988 SFY 2425.
20......... Cheviot Hills/Culver CA 4 to 3.... 2394 3914 1520 ALB 6168 & 6169.
City.
21......... Chino Hills.......... CA 4 to 3.... 3596 4047 451 SFY 2597.
22......... Coronado Island...... CA 2 to 1.... 5025 10,000 4975 ALB 6747.
23......... Diamond Bar.......... CA 3 to 2.... 4466 5231 765 SFY 2062.
24......... El Cajon............. CA 4 to 3.... 2983 3597 614 ALB 6771.
25......... Hermosa Beach........ CA 5 to 4.... 2752 4371 1619 ALB 6127, 6138, 6153
& 6189.
26......... Imperial Beach....... CA 2 to 1.... 5869 10,000 4131 ALB 6228.
27......... La Jolla............. CA 3 to 2.... 5505 7083 1578 ALB 6788.
28......... La Mesa.............. CA 3 to 2.... 3382 5997 2615 SFY 2064 & 2137.
29......... Ladera Ranch......... CA 2 to 1.... 5081 10,000 4919 SFY 2703.
30......... Laguna Beach......... CA 3 to 2.... 3335 5799 2464 ALB 6575.
31......... Laguna Niguel........ CA 4 to 3.... 3190 3883 693 SFY 1676.
32......... Lakewood............. CA 6 to 5.... 2073 2581 508 ALB 6154.
33......... Lemon Grove.......... CA 3 to 2.... 3581 6059 2478 SFY 2365.
34......... Lomita............... CA 3 to 2.... 3695 5040 1345 ALB 6107.
35......... Lompoc............... CA 4 to 3.... 2566 3713 1147 ALB 6339.
36......... Mira Mesa (North).... CA 5 to 4.... 2412 3808 1396 ALB 6742 & 6772.
37......... Mira Mesa (South).... CA 2 to 1.... 6904 10,000 3096 ALB 6770.
38......... Mission Viejo/Laguna CA 4 to 3.... 3157 3784 627 ALB 6517.
Hills.
39......... Mission Viejo (North) CA 3 to 2.... 3933 5012 1079 SFY 1670.
40......... Morro Bay............ CA 5 to 4.... 2965 4056 1091 SFY 2312.
41......... National City........ CA 3 to 2.... 3748 5013 1265 SFY 2006, 2336 &
3063.
42......... Newbury Park......... CA 3 to 2.... 3629 5833 2204 SFY 1793.
43......... Newport Beach........ CA 5 to 4.... 3160 3811 651 ALB 6504.
44......... Oxnard............... CA 4 to 3.... 2939 3375 436 ALB 6217.
45......... Palm Desert/Rancho CA 6 to 5.... 2196 3094 898 SFY 2383 & 3218.
Mirage.
46......... Palmdale............. CA 4 to 3.... 3056 4039 983 ALB 6329.
47......... Paso Robles.......... CA 4 to 3.... 2851 5427 2576 SFY 2317.
48......... Poway................ CA 4 to 3.... 2540 3526 986 ALB 6741 & 6763.
49......... Rancho Cucamonga/ CA 4 to 3.... 3266 4118 852 ALB 6523 & 6589.
Upland.
50......... Rancho Santa CA 4 to 3.... 2628 4300 1672 ALB 6521.
Margarita.
51......... San Diego CA 3 to 2.... 4066 6374 2308 ALB 6781.
(Clairemont).
52......... San Diego (Hillcrest/ CA 3 to 2.... 4436 6571 2135 ALB 6714 & 6715.
University Heights).
53......... San Diego, CA CA 2 to 1.... 5586 10,000 4414 ALB 6760.
(Tierrasanta).
54......... San Luis Obispo...... CA 4 to 3.... 2896 5306 2410 ALB 6372 & 6409.
55......... San Marcos........... CA 3 to 2.... 5991 6282 291 SFY 2174.
56......... San Pedro............ CA 3 to 2.... 3518 6442 2924 ALB 6160 & 6164.
57......... Santa Barbara........ CA 4 to 3.... 2741 3462 721 ALB 6351 & 6352.
58......... Santa Barbara/Goleta. CA 3 to 2.... 3909 7469 3560 SFY 2048 & 2691.
59......... Santa Clarita........ CA 4 to 3.... 2646 3732 1086 SFY 1669 & 1961.
60......... Santa Monica......... CA 4 to 3.... 3293 4879 1586 ALB 6162.
61......... Santee............... CA 3 to 2.... 3477 6133 2656 ALB 6727.
62......... Simi Valley.......... CA 5 to 4.... 3633 7101 3468 ALB 6317 & 6363; SFY
2163.
63......... Solana Beach......... CA 3 to 2.... 3830 6188 2358 ALB 6702.
64......... Thousand Oaks........ CA 3 to 2.... 4057 6047 1990 ALB 6369.
65......... Tujunga.............. CA 3 to 2.... 3688 3969 281 ALB 6397.
66......... Tustin (central)..... CA 4 to 3.... 3474 4348 874 SFY 2146 & 2324.
67......... Tustin/Irvine........ CA 4 to 3.... 3939 4485 546 SFY 2822.
68......... Ventura.............. CA 4 to 3.... 2732 3550 818 ALB 6318.
69......... Westlake Village..... CA 5 to 4.... 1955 3563 1608 ALB 6388.
70......... Yorba Linda.......... CA 4 to 3.... 2803 4588 1785 ALB 6510.
71......... Butte................ MT 3 to 2.... 4701 5189 488 ALB 2007.
72......... Deer Lodge........... MT 2 to 1.... 5000 10,000 5000 SFY 3256.
73......... Missoula............. MT 4 to 3.... 3107 4063 956 SFY 1573 & 2619.
74......... Boulder City......... NV 2 to 1.... 5051 10,000 4949 SFY 2391.
75......... Henderson (East)..... NV 4 to 3.... 2705 3356 651 ALB 6014 & 6019.
76......... Henderson (Southwest) NV 3 to 2.... 3653 5042 1389 ALB 6028.
77......... Summerlin............ NV 4 to 3.... 3107 4367 1260 SFY 1688, 2392 &
2395.
78......... Ashland.............. OR 2 to 1.... 5013 10,000 4987 SFY 4292.
79......... Baker County......... OR 2 to 1.... 5102 10,000 4898 ALB 261.
80......... Bend................. OR 6 to 5.... 2632 3824 1192 ALB 587 & 588.
81......... Eugene............... OR 5 to 4.... 2392 3414 1022 ALB 507 & 568.
82......... Grants Pass.......... OR 4 to 3.... 2769 3537 768 ALB 501 & 537.
[[Page 5758]]
83......... Happy Valley/ OR 2 to 1.... 5006 10,000 4994 ALB 503.
Clackamas.
84......... Keizer............... OR 5 to 4.... 2852 3367 515 ALB 562.
85......... Klamath Falls........ OR 5 to 4.... 2511 2917 406 SFY 1766 & 4395.
86......... Lake Oswego.......... OR 4 to 3.... 3176 5604 2428 ALB 521.
87......... Milwaukie............ OR 3 to 2.... 5729 6082 353 ALB 566.
88......... Sherwood............. OR 3 to 2.... 3989 5028 1039 ALB 579.
89......... Springfield.......... OR 3 to 2.... 4400 5197 797 SFY 311.
90......... Tigard............... OR 5 to 4.... 2261 2984 723 ALB 559, 565 & 576.
91......... West Linn............ OR 3 to 2.... 3611 6268 2657 ALB 506.
92......... Colleyville.......... TX 5 to 4.... 2686 3465 779 SFY 3555 & 3576.
93......... Dallas (Far North)... TX 5 to 4.... 2413 2891 478 ALB 4140.
94......... Dallas (Farmers TX 4 to 3.... 3746 5175 1429 ALB 4182.
Branch/North Dallas).
95......... Dallas (University TX 4 to 3.... 2755 4261 1506 ALB 4134 & 4168.
Park/Highland Park).
96......... Dallas (University TX 5 to 4.... 2345 3065 720 ALB 4132 & 4297.
Park/Northeast
Dallas).
97......... McKinney............. TX 5 to 4.... 2692 3613 921 SFY 3573.
98......... Plano................ TX 4 to 3.... 3105 3541 436 SFY 2568.
99......... Roanoke.............. TX 3 to 2.... 4680 5351 671 ALB 4149.
100........ Rowlett.............. TX 3 to 2.... 3386 5450 2064 ALB 4197.
101........ Bremerton............ WA 4 to 3.... 2721 3399 678 ALB 443.
102........ Burien............... WA 5 to 4.... 1979 4489 2510 ALB 411 & 473.
103........ Everett.............. WA 5 to 4.... 2301 2586 285 SFY 517.
104........ Federal Way.......... WA 5 to 4.... 2312 2709 397 ALB 496.
105........ Gig Harbor........... WA 3 to 2.... 3396 5235 1839 SFY 2949.
106........ Lake Forest Park..... WA 5 to 4.... 3889 4352 463 ALB 425.
107........ Lake Stevens......... WA 5 to 4.... 2646 3455 809 ALB 477.
108........ Lakewood............. WA 5 to 4.... 2333 3170 837 ALB 465.
109........ Liberty Lake......... WA 3 to 2.... 3483 5090 1607 SFY 1741.
110........ Milton............... WA 3 to 2.... 3960 5010 1050 ALB 472.
111........ Monroe............... WA 4 to 3.... 2911 3352 441 ALB 476.
112........ Oak Harbor........... WA 3 to 2.... 4296 6446 2150 SFY 3518.
113........ Olympia (East)....... WA 6 to 5.... 2205 2566 361 ALB 415.
114........ Port Angeles......... WA 3 to 2.... 3773 5588 1815 ALB 404.
115........ Port Orchard......... WA 4 to 3.... 2747 3362 615 SFY 1082.
116........ Puyallup............. WA 3 to 2.... 4160 5072 912 ALB 468.
117........ Renton (East Hill- WA 4 to 3.... 3304 3719 415 ALB 470.
Meridian).
118........ Renton (New Castle).. WA 4 to 3.... 4417 5274 857 SFY 1468.
119........ Sammamish............ WA 2 to 1.... 5761 10,000 4239 ALB 403.
120........ Shoreline............ WA 4 to 3.... 3792 4017 225 SFY 442.
121........ Silverdale........... WA 4 to 3.... 2845 3516 671 ALB 492.
122........ Snohomish............ WA 2 to 1.... 5595 10,000 4405 ALB 401.
123........ Tacoma (Eastside).... WA 4 to 3.... 3260 3727 467 ALB 498.
124........ Tacoma (Spanaway).... WA 5 to 4.... 2707 3360 653 SFY 551.
125........ Walla Walla.......... WA 5 to 4.... 2624 3417 793 ALB 225.
126........ Wenatchee............ WA 3 to 2.... 3744 5047 1303 ALB 244.
127........ Woodinville.......... WA 3 to 2.... 3568 5192 1624 ALB 459.
128........ Casper............... WY 4 to 3.... 3816 4353 537 SFY 433 & 2468.
129........ Laramie.............. WY 3 to 2.... 3793 5000 1207 ALB 2063.
130........ Sheridan............. WY 3 to 2.... 4802 5421 619 SFY 2664.
----------------------------------------------------------------------------------------------------------------
By direction of the Commission.
Donald S. Clark,
Secretary.
[FR Doc. 2015-01971 Filed 2-2-15; 8:45 am]
BILLING CODE 6750-01-P
