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Peter Welch: “The FTC stopped consolidation of Kroger and Albertsons…”

Featuring: Peter Welch, Democratic | U.S. Senate, Vermont

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Senate Hearing on Antitrust Issues and FTC Concerns with Senator Lee and Senator Booker

Published | Video Starts at 01:52

And I'm very, I just want to express my dissatisfaction and dismay at that because that FTC does things that is absolutely helpful to protecting consumers from this abuse of pricing power. You know, we had with this The FTC stopped consolidation of Kroger and Albertsons, which most economists thought was going to raise food prices. for those folks in Utah and those folks in Vermont. They brought an administrative complaint against the prescription benefit managers. (01:52–02:06)

CLAIM

Asserts that the FTC prevented a merger that could have increased food prices.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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