FTC Holds Up Mega Grocery Merger Due to Consumer Harm

The Federal Trade Commission is trying to stop Kroger from buying Albertsons for a huge $24.6 billion. They say this, the biggest supermarket merger in U.S. history, would make prices go up and be bad for people who work in the grocery business.

Minot’s market is dominated by a single grocery firm. So when the Federal government takes action preventing a grocery merger because of its impact on consumers, it’s a story that’s worth noticing locally as we evaluate the competitiveness of our own grocery markets.

This article was sourced from:

William Gavin, Quartz



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