Albertsons has been buying up competitors for a while.
https://en.m.wikipedia.org/wiki/Albertsons
Kroger has a few too:
https://en.m.wikipedia.org/wiki/Kroger#Chains
They turned Pavilions from a nice store to another dingy grocery. I can’t imagine this going through would be good for consumers. Many neighborhoods only have access to 2 stores at best, and I suspect most are already owned by the same parent. A merger would further turn this into a monopoly.
FTC is a captured agency with revolving door administration between what businesses they regulate and people responsible for regulation.
You’re not wrong, but the appointment of Lina Khan to head the FTC is easily one of the only good things Biden has done while in office.
So, at least she’ll go down kicking and screaming before they finally snuff her out, metaphorically speaking.
I wonder how much Walmart paid for that lawsuit.
