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Why we can't let Kroger buy Albertsons (with Stacy Mitchell)

Why we can't let Kroger buy Albertsons (with Stacy Mitchell)

FromPitchfork Economics with Nick Hanauer


Why we can't let Kroger buy Albertsons (with Stacy Mitchell)

FromPitchfork Economics with Nick Hanauer

ratings:
Length:
42 minutes
Released:
Nov 15, 2022
Format:
Podcast episode

Description

Kroger wants to buy Albertsons and effectively become the second-largest grocery chain in the United States. This merger would result in less competition, rising grocery prices, and lower wages. Corporate greed has gotten us into this mess, but new federal anti-merger guidelines, and some tenacious Attorneys General, may just get us out. Returning guest Stacy Mitchell explains why mergers like this one are bad news for workers and shoppers alike.

Stacy Mitchell is Co-Executive Director of the Institute for Local Self-Reliance, a research and advocacy organization that challenges concentrated corporate power and works to build thriving, equitable communities.

Twitter: @stacyfmitchell

Institute for Local Self-Reliance: https://ilsr.org 

Stacy Mitchell Responds to Kroger’s Bid to Buy Albertsons https://ilsr.org/statement-kroger-albertsons-merger 
 
Report: How New Federal Anti-merger Guidelines Can Roll Back Corporate Concentration and Build Local Power
https://ilsr.org/rolling-back-corporate-concentration-how-new-federal-anti-merger-guidelines-can-restore-competition-and-build-local-power

Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon
Instagram: @pitchforkeconomics
Nick’s twitter: @NickHanauer
Released:
Nov 15, 2022
Format:
Podcast episode

Titles in the series (100)

Any society that allows itself to become radically unequal eventually collapses into an uprising or a police state—or both. Join venture capitalist Nick Hanauer and some of the world’s leading economic and political thinkers in an exploration of who gets what and why. Turns out, everything you learned about economics is wrong. And if we don’t do something about rising inequality, the pitchforks are coming.