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Kroger-Albertsons Merger: A Costly Repeat of History

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Merger,Kroger,Albertsons

This article argues that the proposed merger between Kroger and Albertsons is harmful to consumers and employees, echoing past corporate mergers that resulted in monopolies and price increases. The author compares this situation to past mergers in industries like satellites, wireless, and airlines, emphasizing the negative consequences for citizens.

As the fate of the proposed Kroger-Albertsons merger remains undecided, the companies and opponents of the consolidation continue to make their cases. The Federal Trade Commission and several state attorneys general are reviewing whether the merger would violated antitrust laws.

Having lived in Florida for 30-plus years, we witnessed the monopoly, Publix, gobble up or destroy the small guy trying to make a grocery store living. This proposed merger is nothing more than a way to monopolize and control the supply and pricing and to increase inflation on a long-term basis. They will be able to raise prices with abandonment.

Why do we have minimum wages? First, we respect each other. God creates humans in God’s image and each one deserves respect. Each person who works full-time deserves a living wage. “The laborer deserves to be paid.” What happens when the capital is given full reign? Well, we tried that in America and got a Great Depression. What happens when the state has complete control? Well, you can pick your poison between Venezuela’s collapse and the freedom-less Orwellian society of Russia.

Enough already with the stories about Casa Bonita! If I didn’t know better, I’d think you had a financial interest in the company. The metro area has thousands of restaurants, but the attention you have shown to this one location, whose highlights are poor food and cliff divers, is something else. Move on, please. Highlight some restaurants that need help and whose life savings are tied to the business.

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