How much money will shoppers save at the cash register if Kroger and Albertsons win regulatory approval to merge?
Likely knowing how controversial their proposed mega-deal might be, Kroger executives from the start stressed the takeover will save consumers money. They’ve given a big number to back it up: $500 million.
That outsize figure may prove persuasive as U.S. consumers struggle to adapt following nearly two years of the worst inflation the country has seen since the early 1980s. Also, the potential savings to consumers has also been one of the primary considerations of U.S. regulators at the Federal Trade Commission in evaluating large mergers for decades.
