'This deal is an antitrust travesty and it must be stopped,' says a letter urging the FTC to block the proposed $25 billion merger between two of the nation's largest grocery chains.
by preceding rounds of supermarket consolidation, and the coalition warns that if the proposed merger between Kroger and Albertsons goes through, it "will no doubt create a monopoly in the grocery industry."
As Michelle Freitas, a United Food and Commercial Workers Local 7 member who works at a Safeway in Gunnison, Colorado,: "My town only has two standalone grocery stores. If one closes and we only have one option, it will be a monopoly which means this new grocery company could raise food prices to exorbitant amounts."
"The deal between Albertsons and Haggen in 2015 was really bad for workers," said Archer. "I saw massive layoffs, cars being repossessed, foreclosures, and loss of benefits. I am a single mother and I provide for my daughter and myself. The Kroger and Albertsons merger could possibly impact us in the most harmful way ever."
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