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Surely this merger is different from all the other ones where corporations lied their asses off then jacked up prices after the merger went through, right?
I’ve got three grocery stores near my house. One is owned by Kroger and two by Albertsons. I hate to think what would happen if there were zero effective competition.
Same situation but we have two Kroger-owned (FM and QFC) and one Albertsons-owned (Safeway). The Safeway is right across the street from Fred Meyer, so the chances are they will shut Safeway down if the merger goes through. No point in competing with themselves. So we're looking at fewer options, lost jobs, and higher prices. Wheee.