WY Union Says Court Ruling in Kroger–Albertson’s Merger Favors “Ultra-Wealthy”

Re:WY Union Says Court Ruling in Kroger–Albertson’s Merger F... by jim-jim-jim on Sunday January 22, 2023 @10:00PM (#34484951)

Drastically reduced out of pocket costs from a lack of profit motive, and the ability to leverage this purchasing power to negotiate further savings with other participants in the supply chain.

It's a perfectly reasonable avenue to explore in core productive industries like energy and food.

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Re:WY Union Says Court Ruling in Kroger–Albertson’s Merger F... by astrange on Sunday January 22, 2023 @10:28PM (#34485137)

The profit motive is what causes lower costs; where else would the margin come from? And it's also nice to not own PG&E considering how much debt they're in.

On the other hand, we don't let Medicare negotiate drug prices and the official policy is to just give them whatever they want. We rarely use our monopsony power as is. (This is finally changing as part of the IRA.)

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Re:WY Union Says Court Ruling in Kroger–Albertson’s Merger F... by twoodfin on Sunday January 22, 2023 @10:08PM (#34485017)

The US military doesn’t have a profit motive, has massive leverage over most of its key suppliers, and yet I do not think anyone would list “cost control” among its virtues.

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Re:WY Union Says Court Ruling in Kroger–Albertson’s Merger F... by antifa on Monday January 23, 2023 @11:37PM (#34499339)

If it did, we'd save a lot of money purchasing tanks, guns, F-35s, drones, etc. from China.

[ Parent | on HN ]