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NYT: F.T.C. Sues to Block Albertsons Merger

The regulator is trying to stop the largest supermarket merger in history, arguing that the deal would eliminate competition and raise prices for consumers. https://www.nytimes.com/2024/02/26/business/ftc-kroger-albertsons-merger.html

F.T.C. Sues to Block Kroger-Albertsons Grocery Store Deal
F.T.C. Sues to Block Kroger-Albertsons Grocery Store Deal
The New York Times
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Lockheed Martin hUa67na Feb 26

FCC and DOJ only do their jobs as long as it doesn’t involve tech or defense mergers

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dogfoodie Feb 26

I actually think you need the merger to offset the current monopoly Walmart has.

Liquid Web RipRolled Feb 26

On a smaller scale, they let Amazon buy Whole Foods. Aetna owns CVS. What’s to keep MSFT or Goog from buying either Kroger or Albertsons. What if BABA bids to buy? Smithfield is owned by WH, China. Don’t know what to support: protection from monopolies, state sponsored takeovers , or maybe just adapt faster with technology and use globalization to benefit people and the planet.