NegativeNull@lemmy.world to

News@lemmy.world · 1 year ago

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

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

NegativeNull@lemmy.world to

News@lemmy.world · 1 year ago

Why? The Federal Trade Commission says the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans.

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maness300@lemmy.world
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1 year ago
What if the only viable store would give you better deals than 2 competing ones?
- TangledHyphae@lemmy.world
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  1 year ago
  Why would that ever even happen? What incentive does a business have to stifle its own profit margins?

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