News Formal

How Will North Texas Kroger-Albertsons Merger Impact Grocery Stores in the Area?

  • 📰 dallas_observer
  • ⏱ Reading Time:
  • 68 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 53%

Kroger Notícia

Albertsons,Merger,Ftc

Stores in Arlington, McKinney, Dallas, Frisco and more will be impacted by the massive transaction.

},{ "name":"Editor Picks", "component":"17105533", "insertPoint":"4", "requiredCountToDisplay":"1", "watchElement":".

Of the 28 Lone Star State Kroger and Albertsons locations set to be sold to New Hampshire-based C&S Wholesalers, 26 are located in North Texas. That number is part of more than 500 stores the two chains plan to unload to make the proposed merger more viable before a court date in August with the Federal Trade Commission .

In February, the FTC filed a lawsuit against Kroger and Albertsons to prevent the merger, which was announced in October 2022, alleging it would lead to anti-competitive practices. “he proposed deal will eliminate fierce competition between Kroger and Albertsons, leading to higher prices for groceries and other essential household items for millions of Americans,” an FTC press release in February stated. “The loss of competition will also lead to lower quality products and services, while also narrowing consumers’ choices for where to shop for groceries.”

Monopolistic concerns were shared by more than just the feds. In March, Lisa Gilbert, the executive vice president of Public Citizen, a nonprofit consumer advocacy organization, told thethat two such titans joining together would be less than ideal for consumers in a rather simple equation.The number of Texas stores affected by the sale plans is well below the 124 locations in Washington that are to be a part of the transaction.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 453. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Grocers release list of Alaska Carrs Safeway stores targeted for divestiture in Kroger-Albertsons mergerEighteen stores would be sold to C&S Wholesale Grocers, including 8 Carrs stores in Anchorage.
Fonte: adndotcom - 🏆 293. / 63 Consulte Mais informação »

Short North business manager, pastor walking the Short North this weekend to deter crimeA Short North business manager and Columbus pastor are planning to have a presence in the Short North overnight this weekend to make it clear crime is not welco
Fonte: wsyx6 - 🏆 444. / 53 Consulte Mais informação »