Tucson Politics

151 readers

1 users here now

A respectful forum for Tucson's political discourse. Discuss local policies, debate civic matters, or get to know your representatives. Emphasizing civility, we aim to foster a productive space for political exchange. Let's discuss, not dispute.

founded 1 year ago

MODERATORS

[email protected]

Kroger CEO insists proposed Albertsons merger will lower grocery prices (www.tucsonsentinel.com)

submitted 2 months ago by [email protected] to c/[email protected]

7 comments fedilink hide all child comments

  The CEOs of both Kroger and Albertsons testified in an Oregon federal court at the midpoint of a three-week hearing on the Federal Trade Commission's attempt to block a proposed merger between the grocery store chains.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 24 points 2 months ago

That's never happened. And it won't happen this time.

Monopolies have never lowered prices unless it's when they first move into an area and want to destroy all the local competition. The way Walmart does when they open a new store.

They run the whole place at a loss for the first month or so to draw in customers and kill off the local business. Then raise prices.