Coalition of Over 100 Organizations Oppose $25 Billion Kroger-Albertsons Merger

Critics say the proposed merger, which is currently under review by the FTC, would create a monopoly in many areas across the country.

A coalition of more than 100 organizations from different backgrounds across the United States is banding together to oppose the proposed $25 billion merger of grocery chains Kroger and Albertsons. The coalition, known as the “Stop the Merger” campaign, is undertaking a national and state-level effort to prevent the deal from going ahead.

On March 14, the coalition announced the launch of its website, www.NoGroceryMerger.com, which contains information and research on the negative impact of the proposed merger. The website also features stories from community members, workers, and others affected by the merger, as well as tools for organizations and individuals to express their opposition to the Federal Trade Commission (FTC), which oversees the regulatory review of proposed mergers.

In October 2022, Kroger and Albertsons announced their intention to merge in a deal worth $24.6 billion. Critics say the proposed merger, which is currently under review by the FTC, would create a monopoly in many areas across the country, as the two chains have stores and manufacturing facilities in almost every state and employ over 700,000 workers across numerous local banners. Both Albertsons and Kroger have a significant presence in the Los Angeles region, operating numerous stores and employing thousands of workers. In the Los Angeles area Kroger operates under several local banners such as Ralphs and Food 4 Less, while Albertsons operates under the Albertsons, Vons, Pavilions and Safeway banners.

According to the coalition, the proposed merger would have numerous negative consequences, including driving out competition, increasing food prices, creating food deserts, putting hundreds of thousands of jobs at risk, and harming local farmers and ranchers. The coalition claims that the real motives behind the merger are corporate greed by C-Suite executives and private equity firms that are significant stockholders.

The coalition has taken a variety of actions to oppose the merger, including writing letters to the FTC and state attorney generals, meeting with federal and state officials and regulators, holding press conferences and virtual town halls, participating in public events on the merger hosted by government officials, and engaging in various local community activities. 

The coalition’s members come from a diverse range of organizations, including those focused on consumer protection, faith, economic justice, anti-poverty, food justice, environmental protection, women’s rights, Black Indigenous People of Color advocacy, and farmer and farmworker advocacy, among others.

Related Posts

Marina del Rey Sportfishing: A Great Day on the Water

June 14, 2024

June 14, 2024

Fishing is a pastime like no other. You can experience the nostalgia of that pastime in real time at Marina...

Fatal Altercation Outside Santa Monica Pub Leads to Homicide Charge

June 14, 2024

June 14, 2024

Venice Resident Charged in Death of Jameson’s Pub Manager A man has been charged with homicide following a fatal altercation...

Laurene Powell Jobs Adds Another Malibu Pad to her Paradise Cove Portfolio

June 13, 2024

June 13, 2024

This Acquisition Marks Powell Jobs’ Fourth Property in the Upscale Enclave, Adding to Three Adjacent Parcels She Has Acquired Over...

Former HR Chief of Santa Monica Accuses City of Racial Discrimination

June 13, 2024

June 13, 2024

She Was Selected in 2018 as the First African American to Hold That Position Within City Leadership, According to the...

Juneteenth Art Exhibition Set for Abbot Kinney Boulevard

June 13, 2024

June 13, 2024

The Event Features Works by Twelve Prominent Black Artists From Los Angeles An art exhibition titled “FREEDOM” will open at...

Chris Pratt and Katherine Schwarzenegger Cut Price on Palisades Home by $6.5M

June 12, 2024

June 12, 2024

The couple purchased the property in June 2018 for $15.6 million and extensively remodeled it While actor Chris Pratt’s box-office...

Hang-Ten Therapeutics-Surf Therapy for Kids: Catching Waves and Finding your Calm

June 12, 2024

June 12, 2024

A different type of therapy is making waves in Los Angeles. Hang-Ten Therapeutics, founded by Naomi Matanick, a licensed pediatric...

Jinky’s Cafe is Returning to Santa Monica

June 12, 2024

June 12, 2024

The Development Comes After Months After the Franchise Closed Its Previous Santa Monica Storefront By Zach Armstrong Several months after The Independence,...

Venice Canal Attack Suspect Appears in Court

June 12, 2024

June 12, 2024

He faces a lifetime prison sentence without the possibility of parole By Zach Armstrong The man who allegedly raped and...

Lawsuit Filed Over Pacific Palisades Property Foreclosure: Report

June 11, 2024

June 11, 2024

The Dispute Over the Site Dates Back to 2014 The owners of a Pacific Palisades residential site are fighting to...

Shutters on the Beach Brings Beachside Spring Celebrations 

June 11, 2024

June 11, 2024

As spring unfurls with super blooms and sunsets after 7pm along the California coast, Shutters on the Beach emerges as the most...

Hotel Casa Del Mar: The Epicenter of Springtime Diversions

June 11, 2024

June 11, 2024

Hotel Casa Del Mar stands as a beacon of vibrant coastal charm on Santa Monica Beach. Perfectly poised, the hotel’s...

New Digital Art Festival to Launch This Month in Santa Monica

June 10, 2024

June 10, 2024

The New Series Will Take Place Across 24 Events at 17 Different Venues The DNA Festival Santa Monica, a new...

Candlelight Vigil to Be Held for Venice Canal Attack Victim

June 10, 2024

June 10, 2024

Candles Will Be Provided for All to Participate in the Tribute By Zach Armstrong A candlelight vigil for Sarah Alden, the...

Gladstone’s Unveils New Summer Menu and Cocktail Offerings

June 10, 2024

June 10, 2024

This Comes Several Months After the Restaurant’s Staff Joined Forces for a New Type of Ownership The historic beachside restaurant...