US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher (apnews.com)

submitted 8 months ago by Oofnik@kbin.social to c/news@kbin.social

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Why? The Federal Trade Commission says the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans.

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[-] Ganondorf@kbin.social 2 points 8 months ago

Sounds good on paper but in the 80s/90s the US people were told 401ks are better than pensions. Now in order to retire we all have to cheer on non-stop expansion of corporations or we can never retire.

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[-] Alto@kbin.social 3 points 8 months ago

Or we could, get this, tax the rich and build out an actual social safety net.

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this post was submitted on 26 Feb 2024

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