808
submitted 9 months ago by negativenull@lemmy.world to c/news@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] PP_BOY_@lemmy.world 26 points 9 months ago

I'd love to see it but this isn't the best comparison. The total number of stores aren't what makes a company a monopoly, it's the ratio of one company's market share versus its competitors.

[-] MyTurtleSwimsUpsideDown@kbin.social 11 points 9 months ago

Fair point.

Luckily, digging through OP’s article, I have found the data!

Together, Kroger and Albertsons would control around 13% of the U.S. grocery market; Walmart controls 22%, according to J.P. Morgan analyst Ken Goldman.

[-] Zaktor@sopuli.xyz 1 points 9 months ago

That doesn't matter as much as what is the local grocery shopping going to be like. I've never been to a Kroger (and only have been to an Albertsons via the Safeways they bought), so them controlling some percent of the market doesn't say anything about the competitiveness of my local grocery market. Lots of people only live near a single grocery store brand, and that number would increase if those two merged.

this post was submitted on 26 Feb 2024
808 points (99.9% liked)

News

23397 readers
2503 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS