
WVXU: How Kroger’s purchase of Albertson Co. could impact consumers
UC Law professor offers thoughts and antitrust law expertise
Felix Chang, professor and co-director of the Corporate Law Center at the UC Law, discusses the potential impact of a merger between Kroger Co. and Albertson Co. during a segment with WVXU’s Cincinnati Edition. Kroger is the second larger grocery retailer in the nation while Alberston’s is the fourth largest.
Their merger is set for completion by January 2024, but the deal still faces regulatory scrutiny and legal challenges regarding potential antitrust issues. The two companies owned nearly 5,000 grocery stores combined across the nation. The impact could be substantial for consumers.
“What you worry about when you have a merger of this size is two fold,” Chang told WVXU listeners. “One is that you have a market that has one less significant competitor and so got few competitors and they is a greater propensity for some kind of anti-competitive conduct in violation of the Sherman Act. You also worry about a successor who has greater market power and can unilaterally raise prices.”
Listen to the WVXU interview online.
Learn more about Felix Chang, professor of law at the University of Cincinnati.
Featured top image: Kroger grocery closest to the UC campus. Photo/Andrew Higley/UC Marketing + Brand.
Related Stories
WCPO-TV/Channel 9: Ohio Innocence Project at UC takes on possible wrongful conviction case
May 10, 2021
UC's Ohio Innocence Project helped earn freedom for a Cleveland man after more than 14 years in prison. Michael Sutton was one of two men convicted in 2006 as a teenager for the shooting of two people and the attemped shooting of a police officer. He and Kenny Phillips were freed on bond on May 3, 2021.
TIME: What Bill Cosby’s release really says about getting a conviction overturned in America
July 8, 2021
Mark Godsey, a UC Law professor, was one of the experts cited by TIME Magazine for a story on the release of comedian Bill Cosby.
Reuters: Walmart was hit with a $125 million verdict, but the law is on its side
July 30, 2021
Sandra Sperino of the UC College of Law was cited as a source in a story published by Reuters on a decision by a federal jury in Wisconsin to hit Walmart with $125 million in punitive damages for firing a longtime employee with Down Syndrome.