A Kroger exec admitted the company hiked prices at Colorado stores in areas where it faced less competition. Imagine what might happen if Kroger and Albertsons are able to merge their 5000 stores across 48 states? Less competition means higher prices for you.
It's the US national sport, price gouging.
What is going on? We're going to be down to a single entity that provides everything without a choice by the consumer. I thought the consumer's ability to choose another seller kept capitalism honest?
And...if anyone has been paying attention, perhaps take a look at the number of favorite brands are no longer available because they are being replaced with store brand.
A Kroger exec admitted the company hiked prices at Colorado stores in areas where it faced less competition. Imagine what might happen if Kroger and Albertsons are able to merge their 5000 stores across 48 states? Less competition means higher prices for you. -- Which is the very reason for merger.
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I’ve seen cities where those are the only two sizeable groceries.
But imagine the convenience of your Kroger card working at Albertsons. Keyring fob space is a finite resource.
America is three corporations in a trench coat.
Shouldn't that admission trigger an antitrust investigation?
Inflation is down to 2.4% but shhhh...corporations don't want to know that.