Here in Portland, for all practical purposes, there are only two major chain grocery stores, and neither is named Albertsons nor Kroger, but, in fact, they are, both of them: Safeway (Albertsons) and Fred Meyer (Kroger). (The current names are relicts of earlier mergers that effectively ended the original holders of those names). So, the quashing of the obviously monopolistic merger of these two major players in the nationwide supermarket biz is definitely a good thing. Even as things stand, both these chains engage in altogether too much wink and nod price fixing and other monopolistic practices. Plus there are already food deserts in our city; I can only imagine that the inevitable closing of proximal locations would just make matters worse. So, in the bleak run up to America's first overtly aspirational autocrat's taking office, there is at least a little good news. I'm assuming the reason the Federal court action was here in Portland is that our town is ground zero for why this proposed merger should not be allowed.
11 December 2024
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