Kroger-Albertsons Merger: A Costly Repeat of History

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.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street skeptical as Kroger promises to slash grocery prices by $1B after Albertsons mergerThe merger has faced substantial legal hurdles and comes at a time of low consumer sentiment.
Source: nypost - 🏆 91. / 67 Read more »

Kroger, Albertsons pledge to cut prices by $1 billion after mergerGrocery giants Kroger and Albertsons are looking to convince federal regulators that its proposed $25 billion merger won't negatively impact consumers by...
Source: dallasnews - 🏆 18. / 71 Read more »

Kroger sues government for blocking merger with AlbertsonsJustin Boggs is a writer for the E.W. Scripps company. Justin covers anything from politics to sports and entertainment.
Source: 10News - 🏆 732. / 50 Read more »

Bellwether trial in Kroger-Albertsons merger begins MondayMost Alaskans live in a community where the companies’ Fred Meyer and Safeway or Carrs stores directly compete with each other.
Source: AKpublicnews - 🏆 387. / 55 Read more »

Kroger and Albertsons head to court to defend merger plan against US regulators' objectionsKroger and Albertsons will defend their plan to merge in a hearing scheduled to begin Monday in federal court in Oregon. In October 2022, the chains proposed what would be the largest supermarket merger in U.S. history. They say joining together would help them compete with big rivals like Walmart and Costco.
Source: AP - 🏆 728. / 51 Read more »

Kroger, Albertsons head to court to defend merger plan against regulators' objectionsKroger and Albertsons will defend their plan to merge in a hearing scheduled to begin Monday in federal court in Oregon
Source: ABC - 🏆 471. / 51 Read more »