Albertsons and Kroger merger concerns

An ASU finance expert discusses how the merger could impact consumers and employees.

In this video published Feb. 29, 2024, on Arizona PBS:

I think the attorney general’s concern is that consumers will be harmed because now they will no longer be competing with one another so prices are likely to go up and the quality of service may go down, and workers may be harmed — both by closing stores that are redundant, but also because now labor unions can’t compete as effectively.

– Thomas Bates, associate professor of finance and director of Executive MBA programs