The Federal Trade Commission said the reduced competition resulting from the $24.6 billion consolidation would raise grocery prices and worsen conditions for store workers.
  • Domiku@beehaw.orgEnglish
    15·
    8 months ago

    You love to see it. If I could wave my magic wand, I would say, “No mergers for 10 years. This shit is getting out of hand.”

    • Pete Hahnloser@beehaw.orgOPM
      9·
      8 months ago

      No guarantee this will actually be stymied, but if it isn’t, we’re going to be a few years out from Trump FTC Allows Kroger-Walmart Merger To Proceed.

      • henfredemars@infosec.pubEnglish
        6·
        8 months ago

        It’s almost like the endgame of capitalistic acquisition and consolidation into one giant government=business is just a badly drawn, ad hoc implementation of communism.

        • Pete Hahnloser@beehaw.orgOPM
          5·
          8 months ago

          It does have the effect of never benefiting labour. So New! Improved! Communism! Now with 50% less wages, paid via scrip!