Oct. 14 merger announcement
“It’s easy to talk about supply-chain logistics. It’s much harder to integrate these supply chains,” he said. “Many companies in other industries have not had success in doing it.” A 2012 FTC study found, overall, results supported “the hypothesis that increases in market concentration resulting from mergers cause prices to increase when mergers take place in already concentrated markets.”
While declining to speculate whether federal officials will approve or oppose the merger, Bartholomew said she expects the decision to take a while. “This is not going to be an easy one.”“ believes it is critical that the Federal Trade Commission and the Department of Justice carefully review the proposed merger between Albertsons and Kroger,” press secretary Rachel Skaar said.Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer RightsIn this Thursday, Aug.
Bad, bad move! Will end up screwing the people!
Welcome to the world of the democrats where their policies and mandates have allowed you to send BILLIONS of dollars to Ukraine while you struggle check to check all so that your dim wit neighbor can stick the Ukraine flag in their bio to project how good of a person they are. 🤦♀️
What about all the opportunity when stores next door to each other like Kings and Safeway at 14th and Krameria decide to shut one down and vacate the building?
Monopolies are bad m’kay
For them to merge will take away the competition, increasing higher yields, but degreasing in employees, they will no longer need three different stores in one area. They say cheaper for the consumer, I say choices limited, with higher prices, lack of customer service or support
BIG MISTAKE! COMPETITION IS GOOD FOR THE PEOPLE! SAFEWAY AND KING SOOPERS ARE TWO ENTIRELY DIFFERENT ENTITIES! THIS MERGER WOULD END UP SCREWING HUNDREDS OF EMPLOYEES AS WELL AS THE PUBLIC!
So much for competition
I'll keep shopping at Target and Costco
Competition is a sign of a healthy market economy. Monopoly is the sign of late stage capitalism.
Unchecked monopolies are killing the American middle class. Seems the GOP no longer cares about grocery prices…🙄
This is not ok. It's as if Amazon & Walmart merged. Not a win for customers
So,we may be paying less for fewer choices and junk/boxed food from a single source. We just came through a pandemic, still suffering from supply chain issues, and this seems like a good thing? Pfft, only if you're the bozo sitting behind the desk looking at numbers
Fuck no.
Mergers are never a benifit for the customer.