If Grocery Rivals Merge, Do Workers Suffer?
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Aug. 26, 2024 | MERGERS | As Kroger seeks to acquire Albertsons, federal regulators argue that the biggest supermarket combination in history will hurt not only consumers, but workers as well. Mergers often create anxiety for workers who stand to lose jobs or benefits when companies combine. The United Food and Commercial Workers International Union, or U.F.C.W., which represents most in-store workers at Kroger and Albertsons, has spoken out against the proposed deal, though it doesn’t have much ability to stop it. But the union does have a powerful ally: the Federal Trade Commission. The agency sued to block the combination, and a trial that will decide whether the two chains can join forces is scheduled to start in federal court in Oregon on [today]. The New York Times
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