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.
I’d love to see it but this isn’t the best comparison. The total number of stores aren’t what makes a company a monopoly, it’s the ratio of one company’s market share versus its competitors.
Luckily, digging through OP’s article, I have found the data!
Together, Kroger and Albertsons would control around 13% of the U.S. grocery market; Walmart controls 22%, according to J.P. Morgan analyst Ken Goldman.
I’d love to see it but this isn’t the best comparison. The total number of stores aren’t what makes a company a monopoly, it’s the ratio of one company’s market share versus its competitors.
Fair point.
Luckily, digging through OP’s article, I have found the data!