Colorado AG sues to block Albertsons-Kroger merger
Colorado AG sues to block Albertsons-Kroger merger
Colorado Attorney General Phil Weiser filed a lawsuit to block the merger of Albertsons and Kroger Inc., the parent of King Soopers.
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“Blocking this merger would only serve to strengthen larger, non-unionized retailers like Walmart, Costco and Amazon, by allowing them to maintain and increase their overwhelming and growing dominance of the grocery industry. In contrast, Kroger and Albertsons Companies merging will bring lower prices to more customers, strengthen and create good-paying union jobs, and bring more fresh, affordable food to more communities,” the company said in an email.
Said the lying liars.
Right. I’d like to know how they plan to do that. Talk is cheap big corporate.
The plan is usually just: Say whatever you have to to make the deal go through. Do whatever you want after the merger is completed. :(
good-paying union jobs
I can tell you right now that the union that kroger has/uses is ass. I was working for them about 9 years ago and was only making $8 an hour by the time I left. The raises were yearly and you had no say in them.
They also just went through a large, highly publicized fight with their union last year. There were strikes. They now turn around and claim their union with pride. Typical capitalistic bullshit
Well, I agree with part of the statement. Buddha knows Walmart and Amazon are in dire need of some trust busting.
It's tricky, yes. I don't like how big those companies have gotten either, but Kroger claiming that one brand is needed to fight those big boys doesn't make any sense to me. There's no way the corner grocery store is going to go away / *everyone *will start buying *all *of their groceries at Walmarts or Costcos. As long as that's the case, we deserve to have a choice in which grocery store we visit and not just which Kroger store will we go to today.
I don't think I was clear, because I agree 100% with you. I think Kroger should be broken up, along with the ones mentioned.