this post was submitted on 26 Feb 2024
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US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher (apnews.com)
submitted 7 months ago by Oofnik@kbin.social to c/news@kbin.social
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Why? The Federal Trade Commission says the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans.

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[–] SpaceNoodle@lemmy.world 1 points 7 months ago

This merger would eliminate all grocery competition in my area. It's already bad enough that Kroger swallowed up all of the local chains.