Unions say Kroger-Albertsons merger, if approved, would hurt consumers and grocery workers

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Union officials criticized the planned merger of Kroger and Albertsons in a deal worth nearly $25 billion.

With the FTC's blessing, Haggen, a small supermarket chain in the Northwest with just 18 locations, bought 146 of the former Albertsons and Safeway stores, including the one where Martinez worked. Problems emerged quickly.

Martinez's store closed. She and dozens of her co-workers lost their jobs. Her store wasn't the only location that Haggen struggled to manage. The grocer expanded more than eight-fold essentially overnight, and couldn't absorb the stores it acquired. "It brought back a lot of fear and anxiety," she said. "My co-workers are feeling anxious. They're hearing that Kroger is going to have to divest. Everyone is worried it will be their store."

To address antitrust concerns that the merger will stifle competition in local markets where they overlap, Kroger and Albertsons plan to divest stores.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

True

If the unions say that, it probably means it would be better for consumers.

I agree a 1000%

anything unions say is always propaganda. Same as politicians.

ya van a empezar con sus mamadas? chingado, puro pinche mitote.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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Kroger and Albertsons CEOs head to Capitol Hill for merger hearingThe Senate is holding a hearing today on Kroger's proposed $24.6B purchase of rival Albertsons. Here's what to know. TheDemocrats we do NOT need another huge Monopoly NO! We don't need fewer grocery store owners w/just a bunch of different names, giving the illusion of competitioin. EndMonopolies FTC NO MORE MONOPOLIES Honor Antitrust laws!!!!
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Albertsons, Kroger CEOs to defend $25B merger to skeptical senatorsTop executives at Kroger and Albertsons are expected to face tough questions on Tuesday from lawmakers who worry the grocers' planned $25 billion merger will push up food prices at a time when inflation is a concern. Lawmakers are far more responsible for inflation than anything that Kroger and Albertsons could do. And lawmakers have had nothing to do with inflation? Look in the mirror.
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