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NegativeNull@lemmy.world to News@lemmy.world · 2 年前

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

apnews.com

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  • cross-posted to:
  • economics@lemmy.world
  • news@kbin.social
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US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher

apnews.com

NegativeNull@lemmy.world to News@lemmy.world · 2 年前
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  • cross-posted to:
  • economics@lemmy.world
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Why? The Federal Trade Commission says the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans.
  • morphballganon@lemmy.world
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    2 年前

    Didn’t Albertson’s already merge with Safeway?

    • NegativeNull@lemmy.worldOP
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      2 年前

      They did, yes

      • morphballganon@lemmy.world
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        2 年前

        People are talking about combining the names. If Albertson’s and Safeway didn’t, I suspect it will be the same with Kroger.

        • Sir_Kevin@lemmy.dbzer0.com
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          2 年前

          Best to keep the names separate to create the illusion of choice.

          This has been silently happening in every industry for years.

          • massacre@lemmy.world
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            2 年前

            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

          • A_Random_Idiot@lemmy.world
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            2 年前

            The Luxottica approach.

            • Rodeo@lemmy.ca
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              2 年前

              Started shopping for sunglasses about a week ago and learned about Luxottica. Turns out there’s a grand total of three brands of sunglasses that are viable for me to buy. Made in the USA but still only cost the same $300 that made in china Oakleys and ray bans cost.

              • A_Random_Idiot@lemmy.world
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                2 年前

                I just ordered a pair of 20 dollar polarized sunglassess off amazon. Fuck the name brands and the ridiculous prices.

                • Rodeo@lemmy.ca
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                  2 年前

                  I’d still rather support American jobs and the American economy. I’m willing to pay for that and the quality is usually worth it IMO. If I can give my money to company that hasn’t outsourced jobs, I will.

                  I’m actually in Canada but there’s only two sunglasses manufacturers here and they’re both over priced high fashion stuff.

        • NegativeNull@lemmy.worldOP
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          2 年前

          Illusion of choice

        • Neato@ttrpg.network
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          2 年前

          Safe Albert. Name writes itself. Gives people false sense of security even.

          • jaybone@lemmy.world
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            2 年前

            Safeson? Albertsway?

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