• mommykink@lemmy.world
      link
      fedilink
      arrow-up
      28
      arrow-down
      2
      ·
      8 months ago

      I’d love to see it but this isn’t the best comparison. The total number of stores aren’t what makes a company a monopoly, it’s the ratio of one company’s market share versus its competitors.

      • MyTurtleSwimsUpsideDown@kbin.social
        link
        fedilink
        arrow-up
        11
        ·
        8 months ago

        Fair point.

        Luckily, digging through OP’s article, I have found the data!

        Together, Kroger and Albertsons would control around 13% of the U.S. grocery market; Walmart controls 22%, according to J.P. Morgan analyst Ken Goldman.

        • Zaktor@sopuli.xyz
          link
          fedilink
          English
          arrow-up
          1
          ·
          8 months ago

          That doesn’t matter as much as what is the local grocery shopping going to be like. I’ve never been to a Kroger (and only have been to an Albertsons via the Safeways they bought), so them controlling some percent of the market doesn’t say anything about the competitiveness of my local grocery market. Lots of people only live near a single grocery store brand, and that number would increase if those two merged.