Robert ReichApr 2, 2024

If the Kroger-Albertsons merger goes through, that combined company + Walmart would control 70% of the grocery market in over 160 cities.

Think grocery prices are bad now?

Without competition, it would be a price gouging free-for-all.

This is why the FTC is suing to stop it.

Show threadVincent ParrettApr 2, 2024
@rbreich if you want to see how this looks, take a look at Australia - the Coles/Woolworths duopoly is causing a massive cost of living issue here.
Show threadAriaflame
@vincedownunder @rbreich What, no Aldi near you? No farmer's market?
Apr 3, 2024 at 3:54amWeb
Show threadVincent ParrettApr 3, 2024
@ariaflame @rbreich ALDI 15 minutes, farmers market 40 minutes away. That's not the point though, in most of Australia there is no real competition and prices have skyrocketed over the last few years. ALDI has 593 stores in Australia, Coles 1555 and Woolworths 2253.
Show threadJude🇵🇸Apr 3, 2024
@ariaflame @vincedownunder @rbreich Good question! Not enough people use farmers' markets. But on the other hand, they are not available to a vast swathe of Aussies, and neither is Aldi or other independents.
Show threadTim RichardsApr 3, 2024
@sister_ratched @ariaflame @vincedownunder @rbreich i've always found farmers markets pretty expensive, as much as I like them.
Show threadJude🇵🇸Apr 3, 2024
@timrichards @ariaflame @vincedownunder @rbreich They aren't being gouged by the duopoly (but I find them cheaper, mostly) !!
Show threadTim RichardsApr 3, 2024
@sister_ratched @ariaflame @vincedownunder @rbreich Mind you, you're paying for quality at the markets in any case.
Show threadAriaflameApr 3, 2024
@sister_ratched @vincedownunder @rbreich True, Woolworths going up made a local IGA go out of business, but it tends to be more expensive anyway when I go to another one. (My parents worship at the church of Aldi 😜 )