Washington state Attorney General Bob Ferguson on Monday sued to block the proposed merger of Kroger and Albertsons, two of the nation’s largest grocery chains.

In the suit filed in King County Superior Court, Ferguson argued that the $25-billion deal would harm consumers and raise prices, The Seattle Times reported. Kroger and Albertsons have more than 300 locations in the state and account for more than half of its grocery sales, according to the suit.

“This merger is bad for Washington shoppers and workers,” Ferguson said in a news release Monday. “Shoppers will have fewer choices and less competition, and, without a competitive marketplace, they will pay higher prices at the grocery store.”

  • stoly@lemmy.world
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    11 months ago

    There are several QFCs and Fred Meyers near each other in Washington that are also near a Safeway or Albertson. This would absolutely result in the closure of a lot of stores.

    • Flying Squid@lemmy.world
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      11 months ago

      I am not from that region, so all I can think of when I hear the name Fred Meyer is Jello Biafra mentioning it and someone yelling out, “FRED MEYER!” during the spoken word Night of the Living Rednecks track on The Dead Kennedys Give Me Convenience or Give Me Death album.

      I would love to know why that guy was so excited about Fred Meyer.

      • stoly@lemmy.world
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        11 months ago

        I isn’t as big as it used to be, but was actually a pretty big grocery chain in its heyday. I suspect that in the case of the song, it was a recognizable name and probably flowed off the tongue somewhat.

        • Flying Squid@lemmy.world
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          11 months ago

          It wasn’t a song, it was a spoken word bit. It was a very weird moment. All I can think is it was someone who worked there and was like “yeah! He mentioned the place where I stock the vegetables!”

          • stoly@lemmy.world
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            11 months ago

            Oh I just caught that someone (in the audience) is who yelled Fred Meyer. That’s pretty hilarious. I can’t think that it actually meant anything unless there was one nearby and that was some code to their friends to meet there.