'Corporate Greed at Its Absolute Worst' on Display as FTC Challenges Kroger Merger

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Albertsons News

American Economic Liberties Project,Antitrust,Federal Trade Commission

Julia Conley is a staff writer for Common Dreams.

As grocery giants Kroger and Albertsons faced the U.S. Federal Trade Commission in a federal court Monday, economic justice advocates said Americans should be wary of the corporate media's reporting on the FTC's lawsuit, which aims to block the companies' proposed $24.6 billion merger.

Leonard De Monte was represented by the UFCW in 2015 when the grocery store he was working at was sold as part of Albertsons' merger with the store's parent company—a deal that was called 'an unmitigated disaster' for workers by AELP senior legal counsel Lee Hepner. De Monte found another job at the Albertsons subsidiary, but was demoted to minimum wage.

 

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