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Buyers Beware: New Grocery Merger Creates Mammoth That Puts 'Stranglehold on Consumers'
2015-01-28 09:00:53| Grocery - Topix.net
The U.S. Federal Trade Commission announced on Tuesday it has approved the $9.2 billion merger of Safeway Inc. and Albertsons, clearing the way for the creation of the country's third largest grocery retailer and, according to critics, leaving consumers vulnerable at a time of poverty, low wages, and food insecurity. The Commission green-lighted the merger after the companies agreed to sell 168 of their stores.
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Category:Food and Related Products