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Stop the Kroger / Albertsons merger if you really want to do something about inflation.
Stop them? Hmm.
Where is the nearest gas station to each of their corporate headquarters? This is completely unrelated.
Ta da.
https://qz.com/kroger-albertsons-ftc-lawsuit-merger-1851286895
B but we need to compete with Walmart and Amazon
What does this have to do with the inflation?
Less competition in the grocery space means higher grocery prices. Then there’s all the layoffs and store closings that come along with megamergers.
Yes, but this happening even before the merger so has nothing to do with what is happening right now. Companies are just being greedy AF and getting away with it.
So? Stopping the second thing that would cause higher prices is also a good thing
That's faulty logic. We know that mergers tend to lead to higher prices. We also know that there's already an issue with artificial inflation (=companies colluding to raise prices), as well as actual inflation.
Ultimately it's just simple addition if/when the merger goes through. It will exacerbate the existing issue.
Well, we know what will make it worse and have an opportunity to stop it, so...
They can get away with it because there's so little competition. The expectation under capitalism is not that companies won't be greedy, it's that regulation and competition will limit their ability to be so.