Alaska Unions Urge Biden Administration to Block Albertsons-Kroger Merger

September 07, 2023: Labor unions in Alaska have urged the Biden administration to block the proposed merger between Albertsons and Kroger, two of the largest supermarket chains in the United States. The unions argue that the merger would lead to higher prices, fewer jobs, and less competition for Alaskans.

The merger would create a grocery giant with over 2,200 stores in 34 states. The unions say that this would give the combined company too much power and that it would be able to raise prices and reduce wages without fear of competition. They also argue that the merger would lead to the closure of some stores and that it would result in job losses.

The unions have urged the Biden administration to block the merger under the Hart-Scott-Rodino Antitrust Improvements Act. This law allows the federal government to review and block mergers likely to harm competition.

The Biden administration has yet to say whether it will block the merger. However, the unions’ concerns will likely be taken seriously, as the administration has committed to promoting economic competition.

Here are some key takeaways from the article:

• Alaska unions are urging the Biden administration to block the proposed merger between Albertsons and Kroger.
• The unions argue that the merger would lead to higher prices, fewer jobs, and less competition for Alaskans.
• The merger would create a grocery giant with over 2,200 stores in 34 states.
• The Biden administration has yet to say whether it will block the merger.

Here are some actional and practical takeaways from the article:

• You can contact your elected officials and urge them to block the merger if you are an Alaskan resident.
• You can also contact the Federal Trade Commission and express your concerns about the merger.
• You can stay up-to-date on the merger by following the news and reading articles about it.