Federal judge blocks Kroger’s $25 billion mega-merger with Albertsons

Posted by College_Prestige

2 Comments

  1. acceptablerose99 on

    Excellent news. This merger would have done massive harm to any state West of Kansas where Kroger and Albertsons make up the vast majority of grocery store options – especially in smaller towns.

  2. >In her ruling, she said that supermarkets are “distinct from other grocery retailers” and are not direct competitors to Walmart, Amazon and other companies that sell a wider range of goods. The merger would eliminate head-to-head competition between Albertsons and Kroger, potentially raising prices for consumers, she said in the ruling.

    Yeah… I’m calling bullshit on that. Amazon, Walmart, Target and so on *absolutely* compete with them. I’ve had my phone open Amazon to check prices while shopping many times. I’d argue Albertsons/Kroger are less in competition than those due to geographic placement. There’s generally a good amount of distance between grocery stores in my experience and it’s clear which you will go to.

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