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News · 1 year ago

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

cross-posted to:
economics
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US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher

NegativeNull to

News · 1 year ago

cross-posted to:
economics
news@kbin.social

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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1 year ago
Yep! This reminds me of the infographic where almost every major food brand in the world is covered by 10 parent brands. https://www.good.is/Business/food-brands-owners-rp

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