and deciding whether it should be approved. Kroger and Albertsons, which have said they expect to close the deal in early 2024, are the two biggest traditional supermarket operators in the US. But in terms of where shoppers actually buy groceries, Kroger ranks second in market share after Walmart Inc., while Albertsons is fourth after Costco Wholesale Corp., according to Numerator, a market-research company that compiles consumer data.
Selling stores to other companies is an option for Kroger and Albertsons. Another is spinning them off into a new company. But the FTC under Chair Lina Khan has become increasingly skeptical of that type of merger remedy. Another likely theme at the hearing is the deal’s impact on customers, employees and suppliers — especially in regions where Kroger and Albertsons overlap heavily. Those areas include parts of Illinois, Texas, Arizona, Nevada, Colorado and California.
There again, evidence from Albertsons’ Safeway deal will be important, said Joel Mitnick, an antitrust attorney from the law firm Cadwalader, Wickersham & Taft.
No, but then break up Amazon / Whole Foods if you’re gonna say that. Precedent is set, grocery is just trying to put together a concerted front before they’re both replaced by digital companies.
No. Ultimate price fixing for essentials for everyday living. No!
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