United States | News & Politics

7272 readers

2076 users here now

founded 4 years ago

MODERATORS

[email protected]

Judge blocks Albertsons-Kroger $25 billion supermarket merger (www.nbcnews.com)

submitted 1 day ago by return2ozma to c/[email protected]

4 comments fedilink hide all child comments

top 4 comments

sorted by: hot top controversial new old

[–] mipadaitu 10 points 1 day ago

Glad to see sanity win out on this one. It would have created a food monopoly on a lot of areas.

[–] jordanlund 7 points 1 day ago

It was bad enough when Safeway and Albertson's merged. There were major shenanigans afoot when that happened.

In order to get approval for THAT deal, Albertson's had agreed to sell off some stores to Haggen.

https://www.tucsonsentinel.com/local/report/090115_haggen/haggen-sues-albertsons-1-billion-over-grocery-deal/

That resulted in a $1B lawsuit.

[–] FlashMobOfOne 4 points 1 day ago (1 children)

The notion of a monopoly in food is terrifying.

[–] [email protected] 3 points 1 day ago

Good news, five companies globally own all of the food you will likely find to eat. (Us/EU/former and current colonies of those two), unless you're growing your own heirloom varietals.

Sorry not good news, the other thing.