merger
Albertsons-Kroger mega-deal raises questions from lawmakers about higher food prices
WASHINGTON — Members of a U.S. Senate Judiciary Committee panel raised concerns during a Tuesday hearing that a proposed merger between two of the largest U.S. supermarket chains could mean a monopoly on groceries and lead to higher food prices for Americans. U.S. Sen. Amy Klobuchar, a Minnesota Democrat who chairs the Subcommittee on Competition […]
Merger of Sanderson Farms and Cargill is a bad deal for farmers and consumers
Why conspire with your competitors when you can just merge? Over the last two years, giant corporate meat companies have been settling lawsuits to the tune of hundreds of millions of dollars that allege they conspired with each other to fix prices, lower workers’ and farmers’ pay and raise the price of meat for both […]