US lawmakers skeptical grocery merger will mean lower prices

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U.S. senators from both parties have expressed skepticism that a proposed merger between grocery giants Kroger and Albertsons will lower prices for consumers

They told a hearing that a merger will help them counter growing rivals like Walmart, Costco and Amazon.

Lawmakers said the combined company will have to divest stores in places where they compete, which will likely raise prices. But Kroger's CEO said it has lowered prices after past mergers.

 

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Probably because monopolies always screw over customers.

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