Bellwether trial in Kroger-Albertsons merger begins Monday

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Business Notícia

Albertsons,Carrs,Federal Trade Commission

Most Alaskans live in a community where the companies’ Fred Meyer and Safeway or Carrs stores directly compete with each other.

Shoppers come and go from Fred Meyer and Carrs stores that face each other across the Seward Highway in Midtown Anchorage on Thursday, Aug. 8, 2024. The parent companies of the competing businesses, Kroger and Albertsons, want to merge.

“We stand prepared to defend this merger in the upcoming trial in federal court,” Kroger CEO Rodney McMullen said in. “The merger between Kroger and Albertsons is squarely focused on ensuring we bring customers lower prices starting day one while securing the future of good-paying union jobs.” The Federal Trade Commission, consumer advocacy groups, grocery labor unions and a lot of elected officials and regular people don’t believe the companies. They think the merged company would be too powerful, and will end up hurting regular shoppers and workers.

 

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Bellwether trial in Kroger-Albertsons merger begins MondayMost Alaskans live in a community where the companies’ Fred Meyer and Safeway or Carrs stores directly compete with each other.
Fonte: AKpublicnews - 🏆 387. / 55 Consulte Mais informação »