US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher - eviltoast
      • GladiusB@lemmy.world
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        8 months ago

        Absolutely. Walmart is there competition and always has been. I worked for Safeway back in the 2000s and they were always talking about Walmart.

        • Zaktor@sopuli.xyz
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          8 months ago

          Walmart will compete on some goods, but at least in my area they’re not really a grocery store. Their selection is much more limited. Some minimal poor quality produce, limited meats (nothing fresh), and few specialty items. You can go to a grocery store and get ingredients for most meals, but you can’t really do that with Walmart.

          • GladiusB@lemmy.world
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            8 months ago

            It’s a numbers game. Walmart has very low margins but immense volume. They compete but selling a product 1 cent less and driving the competition out.

            • Zaktor@sopuli.xyz
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              8 months ago

              Yeah, they can very much hurt the profitability of a grocery store, but they shouldn’t be counted as valid competition for anti-trust determination. If a region has a grocery store and a Walmart, the grocery store still has a monopoly on a lot of items.

    • Buelldozer@lemmy.today
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      8 months ago

      Not even close. Albertsons and Kroger combined wouldn’t have as much marketshare as WalMart. (13% vs 22%).

      • comador @lemmy.world
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        8 months ago

        Depends on where you live. It would be a 100% monopoly on groceries in various parts of the US where they reside. A monopoly doesn’t need to be national for it to be one.