Kroger says merger with Albertson's would "lower consumer costs"

Published: Aug 26, 2024 Duration: 00:01:08 Category: News & Politics

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548. Now is the time in Albertson's and Kroger are defending their plan for what would be an historic mega merger. The Federal trade Commission is trying to block the deal in a Portland courtroom. Yesterday, the major supermarket chains argued a merger would lower prices and help them compete with larger stores like Walmart. But the FTC says it would eliminate competition, increased prices and lower employee wages. Employees aren't sold on the merger either and protested outside the courthouse yesterday enough is enough. We can no longer stand by and allow corporate greed that puts profit before people. It's now up to a federal judge to decide whether to grant the FT CS request for a delay of the merger. If a judge grants it, the grocery store chains could appeal, which could take another year or more if the deal happens. Kroger and Albertson say dozens of Safeway Albertsons and QFC stores in Washington will be sold to see a list of all of those stores that could impact you. Text us the word store right now. Store to 2064484545

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