Closing arguments heard in WA case against Kroger-Albertsons merger

The Federal Trade Commission and state officials argue that the merger would eliminate competition, leading to higher prices and lower quality for consumers, while the grocery chains claim it would allow them to compete more effectively with the other supermarket giants across the country."We have seen evidence that this competition occurs every week in every way possible," said attorney Glenn Pomerantz.

"Walmart is a silver bullet in the literal sense of the term. It is the competitive threat, the existential threat to the grocery retail industry in the United States," Perry said. "Walmart has taken over virutally every town across the United States. It is, by far, the largest seller of groceries, and these are groceries that are not as high quality as the ones you will find in our markets. They are not as varied as you will find in our markets.

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