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 threadAriaflameApr 3, 2024
@vincedownunder @rbreich What, no Aldi near you? No farmer's market?
Show threadVincent Parrett
@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.
Apr 3, 2024 at 4:00amWeb