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News@lemmy.world · 2 years 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 · 2 years ago

The Federal Trade Commission sued to block a proposed merger between the grocery giants, saying the $24.6 billion deal would eliminate competition and lead to higher prices.

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

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