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It's a weird move by the FTC. Kroger-Albertsons together would have less than half the marketshare of Walmart. It's closer to a third if you include Sam's Club
by gok 3y ago
It's a weird move by the FTC.
Kroger-Albertsons together would have less than half the marketshare of Walmart. It's closer to a third if you include Sam's Club. In practice it would be even less than this, because they're planning to spin off a quarter of the stores.
The decision to set the precedent that union shops can't buy each other is also odd. If non-union stores are allowed to expand but union chains are not, that is invariably setting grocery store unions on a path to shrink even further.
- HDThoreaun 3y agoAs the article points out there are metros where Kroger and albertsons are close to a duopoly. We dont have walmart in my area, only option other than kroger or albertsons is target or aldi, neither of which are really competing with the traditional grocery store business kroger/albertson run.
- webXL 3y agoWhy is collective bargaining power a concern of the FTC? I would have thought that bargaining power would have increased with a merger (despite being smaller overall with layoffs).