Kroger and Albertsons to merge in $24.6 billion deal

This won’t be good for consumer prices. In SoCal, these are the only two real players. Ralphs, Food4Less, Pavilions, Vons, Albertsons.

They’ll have to sell of a bunch of stores to avoid antitrust.

When Albertsons bought Vons & Pavilions, they had to sell off stores. Question is who fills the void and buys them?

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The feds should reject the merger. In most of the US those are only two supermarket chains left.

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Should, but won’t. Antitrust action in the U.S. over the last 50 years amounts to a polite throat clearing amid a full-scale riot.

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… and Albertsons would control about 13% of the U.S. grocery market … that is a distant second to Walmart’s 22% share. Amazon is also a growing grocery player, with 3% share … Costco controls 6%.

This guy says 19% vs. the previous story’s 13%. WTF?

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https://www.washingtonpost.com/business/2022/11/03/albertsons-special-dividend-owners/

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