Tuesday, September 27, 2011

In the times where unionized companies came to an end, Ken Monfort decided to take Excel to court in effort for it not to join with Spencer Beef. Then, Excel and Spencer Beef were two of the largest beef processors in the nation. Monfort felt that Excel would exploit their pricing and reduce competition for other companies. He ended up winning this case but Excel appealed in front of the U.S Supreme Court. The Supreme Court along with President Reagan justice department overturned the earlier ruling and actually allowed the merger of these two companies.  

Monday, September 12, 2011