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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Источник: CBSLA - 🏆 552. / 51 Прочитайте больше »
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Источник: ladailynews - 🏆 332. / 59 Прочитайте больше »
LA councilmembers introduce formal opposition of proposed Albertsons-Kroger mergerFive L.A. councilmembers introduced a resolution Friday intended to formalize the city's position against the proposed Albertsons-Kroger merger.
Источник: ABC7 - 🏆 67. / 68 Прочитайте больше »
Lawmakers push to block Kroger-Albertsons merger amid competition concernsMore than two dozen members of Congress are working to stop a merger between Kroger and Albertsons.
Источник: KUTV2News - 🏆 281. / 63 Прочитайте больше »
Kroger and Albertsons spending more than $800 million on merger feesKroger Co. and Albertsons Cos. have spent more than $800 million on fees to lawyers, bankers and advisers for their proposed merger, underscoring the high...
Источник: dallasnews - 🏆 18. / 71 Прочитайте больше »