The FCC studied grocery mergers in 2012 and found that mergers do not do not lower grocery prices. And as a result, you're paying higher prices if you are the consumer. In Washington State, The proposed grocery merger between Alberts and Kroger's would have raised grocery prices for consumers by 5% in Albertson stores and 8% in Kroger stores. This would have resulted in my state consumers paying around $800 million more in higher grocery prices. Thankfully, the merger was blocked by the Washington Attorney General and the ftc. (05:30–05:42)
CLAIM
Asserts that the proposed merger would have increased grocery prices by 5% and 8% respectively.
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