Judd Legum

@JuddLegum ↗

Deleted No

Hibernated No

Last Checked Dec. 16, 2022

Created

Mon Dec 05 14:14:48 +0000 2022

Likes

208

Retweets

Source

TweetDeck

View Raw Data

JSON Data

View on Twitter

Likely Available

Judd Legum @JuddLegum

6. An influential 2008 study "found that in four of the five mergers they evaluated, [grocery] prices appeared to have increased between 3 and 7 percent." https://t.co/3BWbpkFXCp — PolitiTweet.org

Posted Dec. 5, 2022

Preceded By

Judd Legum @JuddLegum

5. Kroger claims the merger would benefit consumers, pledging to "invest $500 million to lower prices" over four years as part of the transaction. Sounds good but that's $125 million per year out of $200 billion+ in revenue. Effectively nothing. https://t.co/3BWbpkFXCp — PolitiTweet.org

Posted Dec. 5, 2022

Followed By

Judd Legum @JuddLegum

7. Section 7 of the Clayton Antitrust Act, enforced by the FTC, prohibits acquisitions that substantially "lessen competition" in "any line of commerce." @kroger admits the merger will lessen competition in some markets and proposes divesting a few hundred @Albertsons stores — PolitiTweet.org

Posted Dec. 5, 2022