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I'm talking about grocery stories becoming antitrust issues and monopolies. Just because they have different names doesn't make them other owners. * Start here
by brianjking 4y ago
I'm talking about grocery stories becoming antitrust issues and monopolies. Just because they have different names doesn't make them other owners.
* Start here: https://grocerystory.coop/who-owns-your-grocery-store https://grocerystory.coop/who-owns-your-grocery-store
* https://www.fastcompany.com/90797301/kroger-albertsons-deal-antitrust-grocery-merger https://www.fastcompany.com/90797301/kroger-albertsons-deal-...
* https://progressive.org/op-eds/grocery-store-monopolies-are-bad-news-shoppers-wolf-221121/ https://progressive.org/op-eds/grocery-store-monopolies-are-...
* https://westseattleblog.com/2022/10/supermarket-mega-merger-5-of-west-seattles-11-grocery-stores-would-have-same-ownership/ https://westseattleblog.com/2022/10/supermarket-mega-merger-...
Understand now?
- angoragoats 4y agoI agree that monopolies are bad, but the grandparent listed 7 stores, and all are owned by different companies. I am similarly in an area where I can count at least 12 different grocery store parent companies, two of which are local and not in the big list in your first link. Maybe the monopolization is only happening in certain areas?
- brianjking 4y agoIt's about what impacts the majority of the people and what impact it will have to price.
- angoragoats 4y agoYeah I get those are the concerns. I guess I’m trying to find evidence that will impact the “majority of the people.” One article [1] mentions that the combined company would still have less grocery market share than Walmart (which has just over 1/5th of the market), and the pie charts shown for some sample markets still don’t look anything like a monopoly situation to me. [1] https://www.grocerydive.com/news/how-the-kroger-albertsons-merger-could-transform-5-key-grocery-markets/636725/ https://www.grocerydive.com/news/how-the-kroger-albertsons-m...
- brianjking 4y agohttps://podcasts.apple.com/au/podcast/supermarket-supermerger/id1346207297?i=1000584141281 https://podcasts.apple.com/au/podcast/supermarket-supermerge... https://www.vox.com/money/23641875/food-grocery-inflation-prices-billionaires https://www.vox.com/money/23641875/food-grocery-inflation-pr...
- angoragoats 4y agoYes, but these don’t actually address the points I mentioned. Your stance has migrated from “majority of people” to “monopolies are bad” (not that I disagree with that point)! Thank you for the links though.
- brianjking 4y agoI've actually been trying to find the source about the percentage of people and may be misremembering the specifics, tbh. Listen to the podcast link I provided, it might be there. This will no doubt disproportionately impact people in rural areas and people already impacted by food deserts. For example, I live within a few minutes drive of a QFC (Kroger) and an Albertsons, and a Safeway. If they merge, there will be 0 competition outside of a Walmart and you know how that goes... If you get into who owns the products we consume it's even worse, this is a study that looks at a bit of both the distribution at grocery stores as well as who owns and manufacturers the food products we consume: https://www.foodandwaterwatch.org/wp-content/uploads/2021/11/IB_2111_FoodMonoSeries1-SUPERMARKETS-V2FINAL.pdf https://www.foodandwaterwatch.org/wp-content/uploads/2021/11... It's...not great.
- brianjking 4y agoHere's some additional reading material: https://www.grocerydive.com/news/heres-what-to-know-about-the-kroger-albertsons-merger/637914/ https://www.grocerydive.com/news/heres-what-to-know-about-th... https://www.grocerydive.com/news/how-would-the-kroger-albertsons-merger-impact-independent-grocers/634262/ https://www.grocerydive.com/news/how-would-the-kroger-albert... https://www.theguardian.com/us-news/2022/dec/12/us-supermarket-merger-kroger-albertsons https://www.theguardian.com/us-news/2022/dec/12/us-supermark...