Kroger, Albertsons leaders believe merger will reduce prices for consumers, experts aren't so sure

Kroger seeks to create grocery giant with $20B Albertsons bid

"Our commitments are to lower prices starting Day 1, continue investing in our associates and stores and doing more in our communities than either of us can do alone," said McMullen."The best way to compete with mega stores like Walmart and highly capitalized online companies like Amazon will be through a merger with Kroger," said Sankaran.

"Kroger lists Albertsons as one of its main competitors in 5 out of 10 of Kroger’s top markets covering a total of 546 Kroger stores," he said.A representative of the National Grocer's Association says the merger could put mom-and-pop grocery stores out of business. "Countless grocers have been put out of business in areas where we now consider food deserts through successful predatory pricing campaigns," he said.

Ah yes, there’s nothing more proven than prices to consumers falling after someone spends $25B on an acquisition, further reducing competition. 🙄 The only way that works is if they didn’t have competing locations in the same geographical area.

Wow! That’s something! Maybe Walmart will have competition?

HEB is where it’s at

So it’s ok for Walmart and Amazon to have monopolies but not Kroger?!?

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