Farm, Consumer, & Antimonopoly Groups All Urge the FTC to Oppose Kroger-Albertsons Merger

FOR IMMEDIATE RELEASE: December 1, 2022

CONTACT: Ashley Woolheater, woolheater@openmarketsinstitute.org

“This mega-merger will harm shoppers, workers, and food producers, while investors stand to concentrate power and profit... the FTC must Act to block this deal.”

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WASHINGTON- The Open Markets Institute has partnered with major farm and fair food groups including HEAL Food Alliance, National Farmers Union, Rural Advancement Foundation International-USA, National Family Farm Coalition, Farm Action, and more, in a letter urging the FTC to block the Kroger-Albertsons grocery chain merger. 

The letter lays out how the deal between the two dominant grocers would significantly worsen an already overly-consolidated food system where corporate profits and investors’ returns grow while small- and medium-sized farmers, suppliers, and grocers struggle to get by and consumers face record high prices. 

View full report below or download here.

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The Open Markets Institute is a team of journalists, researchers, lawyers, economists, and advocates working together to expose and reverse the stranglehold that corporate monopolies have on our country.  Learn more at www.openmarketsinstitute.org.