For Food Mergers
September 26, 2024
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October 13, 2024Against the Big Food Merger
Michael Olson’s Food Chain Radio Show #1363
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Guest: Claire Kelloway Manager, Food Systems Program Open Markets Institute
Michael Olson Food Chain Radio – Food Mergers
With about 5,000 stores between them, Kroger and Albertsons would seem to be big enough to compete for the nation’s grocery dollars.
Kroger and Albertsons were big enough, until others with different business models appeared on the scene and grew to be much bigger. You know the names: Walmart, Costco, Amazon.
Kroger and Albertsons, though with many stores between them, now find themselves becoming the little fish in the sea, and their business to being gradually being eaten up by bigger fish.
To survive, Kroger and Albertsons believe they must merge to be big enough to compete with the really big grocers.
However, the White House has organized a strike force of the Federal Trade Commission and the Department of Justice to strike the merger down.
Leave a comment below: Should Kroger and Albertsons be allowed to merge?
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1 Comment
Absolutely NOT! King Soopers and Safeway are the dominant grocery chains in the West. King Soopers wants to erase Safeway from the area, because Safeway has higher quality foods and treats their employees better. They propose to replace Safeway with a defunct chain from the East, Piggly Wiggly. King Soopers, as soon as it has Safeway demolished, is guaranteed to raise prices and decrease employment and wages. Regardless of the lies that they are spewing! The grocery market situation here in Colorado is very competitive, and keeps both chains trimmed down to lower pricing and lower profit margins. This is one thing Kroger just cannot abide. They don’t want to compete, they want to kill the competition.