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New York Magazine criticized FTC Chair Lina Khan last year for taking on big anti-monopoly fights, but not winning them.
That criticism evaporated this week when the massive merger of Kroger and Albertsons became the latest to be blocked by a federal judge after months of bold action by FTC Chair Lina Khan and an outcry from the public and Democratic members of Congress.
At a time when Democrats MUST demonstrate that they are the party on the side of working people, this historic win for Chair Khan and the FTC is important.
Incoming Congressional Progressive Caucus Chair Greg Casar: A mega-merger of Kroger and Albertsons would lay off workers and spike grocery prices. FTC Chair Lina Khan fought to stop the merger and WON! Democrats must stand up to special interests and corporate greed.
Congresswoman-elect Yassamin Ansari (AZ-03): This merger would've impacted nearly half of Arizona's grocery stores and over 35,000 employees. It would've exacerbated food deserts already harming areas in our district like Maryvale and South Phoenix. And it would've made trips to the grocery store even more unaffordable.
Congressman Chris Deluzio (PA-17): A Kroger–Albertsons merger would make things worse:
⬆️ Higher prices
👎 Fewer options for shoppers
⬇️ Worse pay & benefits for workers
The merger would have raised prices for consumers by reducing competition in over 1,000 communities, let huge grocery stores pay farmers less for their products, and hurt nearly 700,000 workers by eroding the bargaining power of unions.
When billionaires wanting free-reign to monopolize entire industries attacked Chair Khan during the Presidential campaign, thousands of PCCC members came to the aid of the monopoly-busting FTC chair. Stopping an anti-competitive mega-merger that would have raised grocery prices and hurt workers shows why.
We’ll make sure she receives it!
Thanks for being a bold progressive.
-- The PCCC Team (Follow us on BlueSky: @BoldProgressives.bsky.social)
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