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News@lemmy.world · 11 months ago

US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher

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US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher

NegativeNull@lemmy.world to

News@lemmy.world · 11 months ago

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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olympicyes@lemmy.world
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11 months ago
I’ve got three grocery stores near my house. One is owned by Kroger and two by Albertsons. I hate to think what would happen if there were zero effective competition.

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