Alaska senators raise ‘deep concerns’ about Albertsons-Kroger merger in letter to Biden administration

  • 📰 adndotcom
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Also, the Anchorage Assembly on Tuesday will vote on a resolution that, if approved, would call on the FTC to block the proposed merger.

in Alaska, to C&S Wholesale Grocers. The New Hampshire-based grocery supplier and retailer, one of the nation’s largest privately held companies, operates Grand Union and Piggly Wiggly groceries in the Midwest and the Carolinas.The senators do not ask Kahn to stop the merger, but they raise a variety of issues and call on the agency to set a strong standard for approval.

The Alaska senators said the FTC should make sure those commitments are kept, if the deal is approved. The senators said Safeway’s takeover of the Alaska-based Carrs chain for $330 million in 1999 provides a cautionary tale showing that requirements must be established to protect employees and union contracts.

“The practical reality is, Alaskans have experienced what happens when we consolidate our grocery stores. We get fewer product lines and more expensive groceries,” said Assembly Chair Christopher Constant, who is sponsoring the resolution.“We started losing stores and we started losing quality products. And now it’s all Safeway-branded products in the store. I mean, there was a huge diversity of products that were available before — doesn’t exist anymore,” Constant said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 293. in BUSİNESS

Business Business Latest News, Business Business Headlines