As inflation and grocery prices remain central issues in the upcoming November election, the Federal Trade Commission has kicked off a trial to block a merger between the two largest traditional supermarket chains in the U.S.On Monday, Kroger and Albertsons defended their $25 billion merger plan in a federal court hearing in Oregon, where they tried to overcome the U.S. government's objections.
When there are only a small number of players, it is much easier to collude, and even short of collusion, it is easier to predict competitors' actions,' said Isabella Weber, an associate professor of economics at the University of Massachusetts Amherst.What's the Impact for Consumers?The potential impact of the Kroger-Albertsons merger on grocery prices is complex and may vary depending on where consumers live.
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