Hi,
Getting corporate consolidation under control is a critical step the
government can take to protect consumers, workers, and small businesses.
That’s why the Federal Trade Commission must stop two of the five biggest
supermarket chains in the country from merging.
Kroger and Albertsons are trying to merge for $24.6 billion,^1 which would
create a grocery store behemoth and nightmare for consumers, small
businesses, and workers. Prices will go up at the grocery store, workers
will lose jobs, and competitors will be put out of business.
[ [link removed] ]Sign the petition: The Federal Trade Commission must stop the
Kroger-Albertsons mega-merger!
ADD YOUR NAME
This grocery mega-merger would give Kroger-Albertsons way too much market
power, and allow their executives to jack up prices at the expense of
every shopper. This is corporate greed at the grocery store — where
price-gouging is already wreaking havoc on Americans’ bank accounts.
The larger the supermarket corporation, the more control they have on the
prices shoppers pay. Because of their already massive size, these
corporations are also able to negotiate lower prices from distributors.^2
Big companies like Kroger and Albertsons save money for themselves, charge
higher prices for consumers, and put smaller competitors out of business.
While CEOs enjoy massive profits that go up and up, we suffer from grocery
prices that go up and up. Antitrust laws exist to stop this corporate
greed. The FTC must step in and protect Americans from even more out of
control prices at the grocery store, and the impending Kroger-Albertsons
mega-merger.
[ [link removed] ]Tell the FTC to stop the Kroger-Albertsons supermarket monopoly to
protect consumers!
Thanks for taking action,
Tihi and the team at Demand Progress
[ [link removed] ]DONATE
Sources:
1. Supermarket News, “Former FTC policy director: Kroger, Albertsons
merger is facing 'a hurricane storm,'” [ [link removed] ]October 2, 2023.
2. New York Times, “The Real Reason Your Groceries Are Getting So
Expensive,” [ [link removed] ]May 29, 2023.
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