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Did you read your own article? Kroger and Albertsons have not merged so "inflation" would not apply to this non existent merger. Even if they did merge their ma

Did you read your own article? Kroger and Albertsons have not merged so "inflation" would not apply to this non existent merger. Even if they did merge their market would still be around 10-12% which is far from a monopoly.

enterprise_cog 3y ago
Market share isn’t evenly distributed. Many areas are only served by a Walmart or Kroger. Local monopolies.
- gfdsgfsdgfs 3y ago
  What percentage of areas are only served by Walmart or Kroger? Please give your citation. Name some of these "many areas".
  - roflyear 3y ago
    This is not a hard thing to research: https://www.foodpolitics.com/2021/07/americas-food-monopolies-and-power-imbalances/#:~:text=Now%2C%20just%20four%20companies%20%E2%80%93%20Walmart,to%20the%20Environmental%20Working%20Group https://www.foodpolitics.com/2021/07/americas-food-monopolie....
    - hgdfhgfdhgdf 3y ago
      That says 4 companies control 65% of the retail market. That is not a monopoly and there are many other grocers that consumers can shop at, like Amazon, Whole Foods, Safeway. Trader Joe's or the many other regional specialty ones.
      - roflyear 3y ago
        It's also beyond just the stores - up to 80% of items in grocery stores are made by just a few companies.
  - greatwave1 3y ago
    "In 43 metropolitan areas and 160 smaller markets, Walmart captures 50 percent or more of grocery sales. In 38 of these regions, Walmart’s share of the grocery market is 70 percent or more." https://ilsr.org/walmarts-monopolization-of-local-grocery-markets/ https://ilsr.org/walmarts-monopolization-of-local-grocery-ma... I could list off every one of these areas, but would probably run into the character count limit
    - hgdfhgfdhgdf 3y ago
      This is such an awful argument. Because a company captures 50% of sales in an area does not mean that it has a monopoly and that there is only 1 grocer in the area. Your source is also not very reliable. List one area where Walmart has a monopoly and the only grocer in town.
      - enterprise_cog 3y ago
        You have continually been provided sources and then brushed them off. If those didn’t pique your curiosity to look into it more, and there are more Google results for “Walmart monopoly”, nothing will. Just admit you have an axe to grind and that you won’t change your mind and move on.
      - greatwave1 3y ago
        > List one area where Walmart has a monopoly and the only grocer in town. I'd recommend you do some reading to understand the definition of a monopoly, as it pertains to pricing power: https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/single-firm-conduct/monopolization-defined https://www.ftc.gov/advice-guidance/competition-guidance/gui... A business doesn't need to be the literal only option for it to have monopolistic power over a market. The Sherman Anti-Trust Act uses 50% market share as a general criteria for when a business could have monopoly power in a market. Based on that definition, here's an answer for your > List one area where Walmart has a monopoly Check out the table in the back of the source I linked, and you'll find 203 of them!
- s1artibartfast 3y ago
  I have Costco, Walmart, Safeway, food Co, grocery outlet, and TJs within 5 min of my house. Why are my prices inflated where I live if monopoly is the cause
  - enterprise_cog 3y ago
    Who said monopoly was the only cause?
addisonl 3y ago
Yes I’m aware they haven’t merged, thanks for checking :)

enterprise_cog 3y ago

Market share isn’t evenly distributed. Many areas are only served by a Walmart or Kroger. Local monopolies.

gfdsgfsdgfs 3y ago
What percentage of areas are only served by Walmart or Kroger? Please give your citation. Name some of these "many areas".
- roflyear 3y ago
  This is not a hard thing to research: https://www.foodpolitics.com/2021/07/americas-food-monopolies-and-power-imbalances/#:~:text=Now%2C%20just%20four%20companies%20%E2%80%93%20Walmart,to%20the%20Environmental%20Working%20Group https://www.foodpolitics.com/2021/07/americas-food-monopolie....
  - hgdfhgfdhgdf 3y ago
    That says 4 companies control 65% of the retail market. That is not a monopoly and there are many other grocers that consumers can shop at, like Amazon, Whole Foods, Safeway. Trader Joe's or the many other regional specialty ones.
    - roflyear 3y ago
      It's also beyond just the stores - up to 80% of items in grocery stores are made by just a few companies.
- greatwave1 3y ago
  "In 43 metropolitan areas and 160 smaller markets, Walmart captures 50 percent or more of grocery sales. In 38 of these regions, Walmart’s share of the grocery market is 70 percent or more." https://ilsr.org/walmarts-monopolization-of-local-grocery-markets/ https://ilsr.org/walmarts-monopolization-of-local-grocery-ma... I could list off every one of these areas, but would probably run into the character count limit
  - hgdfhgfdhgdf 3y ago
    This is such an awful argument. Because a company captures 50% of sales in an area does not mean that it has a monopoly and that there is only 1 grocer in the area. Your source is also not very reliable. List one area where Walmart has a monopoly and the only grocer in town.
    - enterprise_cog 3y ago
      You have continually been provided sources and then brushed them off. If those didn’t pique your curiosity to look into it more, and there are more Google results for “Walmart monopoly”, nothing will. Just admit you have an axe to grind and that you won’t change your mind and move on.
    - greatwave1 3y ago
      > List one area where Walmart has a monopoly and the only grocer in town. I'd recommend you do some reading to understand the definition of a monopoly, as it pertains to pricing power: https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/single-firm-conduct/monopolization-defined https://www.ftc.gov/advice-guidance/competition-guidance/gui... A business doesn't need to be the literal only option for it to have monopolistic power over a market. The Sherman Anti-Trust Act uses 50% market share as a general criteria for when a business could have monopoly power in a market. Based on that definition, here's an answer for your > List one area where Walmart has a monopoly Check out the table in the back of the source I linked, and you'll find 203 of them!
s1artibartfast 3y ago
I have Costco, Walmart, Safeway, food Co, grocery outlet, and TJs within 5 min of my house. Why are my prices inflated where I live if monopoly is the cause
- enterprise_cog 3y ago
  Who said monopoly was the only cause?

addisonl 3y ago

Yes I’m aware they haven’t merged, thanks for checking :)