Mastodawn

Robert Reich Apr 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.

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DaemØn

@rbreich

Just to understand how bad it is in some places. If the merger goes through, 7 supermarkets near me will all suddenly be the same company. Of those, 4 of them were already merged (2 Vons and 2 Albertsons that kept their names post merger).