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NegativeNull@lemmy.world to News@lemmy.world · 2 years ago

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

apnews.com

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  • economics@lemmy.world
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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 years ago
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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.
  • NegativeNull@lemmy.worldOP
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    2 years ago

    They did, yes

    • morphballganon@lemmy.world
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      2 years ago

      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 years ago

        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 years 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

        • A_Random_Idiot@lemmy.world
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          2 years ago

          The Luxottica approach.

          • Rodeo@lemmy.ca
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            2 years ago

            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 years ago

              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 years ago

                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 years ago

        Illusion of choice

      • Neato@ttrpg.network
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        2 years ago

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

        • jaybone@lemmy.world
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          2 years ago

          Safeson? Albertsway?

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