Jayapal was joined by Reps. Adam Smith , Jerrold Nadler and David Cicilline in petitioning FTC Chair Lina Khan to evaluate the merger.
"This acquisition threatens to create competition-stifling concentration in markets across the country, hurting consumers, workers and small businesses," wrote lawmakers in a. "For consumers, the consolidated grocery chain could offer fewer product choices and higher costs for essential goods. For workers, the acquisition could impair bargaining power for fair wages and safe working conditions in local communities.
THEY MUST OWN A LOT OF AMAZON STOCK
You know if it goes through someon ftc is going to get paid for allowing this monopoly! Kind of like Ticketmaster… you some one had to be paid under that table.
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Merger of grocery titans: Cause of concern or a boon for consumers?The proposed $25 billion merger between Kroger — the parent company of Colorado’s largest retail grocery chain, King Soopers — and Albertsons, which operates Safeway, is raising q… Mergers are never a benifit for the customer. Fuck no. 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
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Merger of grocery titans: Cause of concern or a boon for consumers?The proposed $25 billion merger between Kroger — the parent company of Colorado’s largest retail grocery chain, King Soopers — and Albertsons, which operates Safeway, is raising q… Mergers are never a benifit for the customer. Fuck no. 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
Source: denverpost - 🏆 13. / 72 Read more »