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.
Having a non-nationalized monopoly is stupid and bad.
But being champions of free market economics, and then being shocked pikachu when the free market does free market things is even stupider. Especially when nothing is done to reign in this free market crap.
The US wants to be socialist so bad, but can’t get their populous to vote for it because of scary words they don’t understand. Instead it’s done as a random patchwork that of course doesn’t work and corporate lobbying just makes it appear as an illusion of choice.
Next time you’re out shopping in Walmart or Kroger or whatever look at the aisle you’re in and the choices. Let’s say cereal. 200 different choices of flavour. 50 different “brands”. In reality it’s all 1 company. There may be a couple outliers but it’s all the same company selling the same sugary processed crap giving you the illusion of choice.
Having a non-nationalized monopoly is stupid and bad.
But being champions of free market economics, and then being shocked pikachu when the free market does free market things is even stupider. Especially when nothing is done to reign in this free market crap.
The US wants to be socialist so bad, but can’t get their populous to vote for it because of scary words they don’t understand. Instead it’s done as a random patchwork that of course doesn’t work and corporate lobbying just makes it appear as an illusion of choice.
Next time you’re out shopping in Walmart or Kroger or whatever look at the aisle you’re in and the choices. Let’s say cereal. 200 different choices of flavour. 50 different “brands”. In reality it’s all 1 company. There may be a couple outliers but it’s all the same company selling the same sugary processed crap giving you the illusion of choice.