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

    Very rare pro-consumer W

    Is it though? I fear that all this will do is allow WalMart to clobber them individually then take over their market share. A&K combined are already smaller than Wally World. (13% vs 22%). It would actually be more helpful to the grocery market if they forced Walmart to divest, what their doing with this is likely to end up with Walmart taking it all.

    • JustUseMint@lemmy.world
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      8 months ago

      I actually agree. They’re targeting the smaller fish in "big business " when they should be focusing on Walmart amazon google and the like

      • mommykink@lemmy.world
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        8 months ago

        The FTC has always been harsher about monopolization via mergers versus business finding success independently. Not saying that’s the right way to handle things, but Walmart got to where they are through competing, not merging, with other businesses.