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Attorney General Brian E. Frosh today announced a plan to protect Maryland families affected by the pending purchase of deep-discount chain Family Dollar Stores, Inc. by competing retailer Dollar Tree, Inc. Under terms of a settlement filed in federal court on Thursday, eleven Family Dollar stores in Maryland will be sold to a different company to maintain competition and low prices in neighborhoods most impacted by the transaction.
“So many Marylanders rely on these stores for daily necessities like food and toiletries,” Attorney General Frosh said. “This agreement ensures that in places where a Dollar Tree store and a Family Dollar store are close to each other, there will be two different companies operating them, with a built-in incentive to keep prices low.”