BIG by Matt Stoller β’ 34149 implied HN points β’ 21 Feb 24
- The Kroger-Albertsons merger faces challenges due to potential criminal activity discovered, leading to antitrust suits and trials to block the deal.
- The merger could worsen the grocery market situation with fewer stores, higher prices, and data implications for suppliers, consumers, and workers.
- Evidence found of Kroger and Albertsons colluding in wage suppression by avoiding hiring each other's workers, raising concerns and prompting legal action.