Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by travoc on Tuesday September 26, 2023 @01:08PM
(#37662441)
Not even close. Combining all those brands results in a 13.5% market share.
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Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by dragonwriter on Tuesday September 26, 2023 @01:10PM
(#37662484)
Groceries aren't a single national market, and its quite likely that such a merger would both create both monopolies and monopsonies.
Its also quite likely that the big grocery merger won't happen as planned for that reason.
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by loeg on Tuesday September 26, 2023 @01:18PM
(#37662607)
Albertsons + Kroger is like 90% of the market in Seattle, where I live, though.
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by unregistereddev on Tuesday September 26, 2023 @01:56PM
(#37663230)
It's very location-dependent. In my midwest metro I believe they'd be less than 5% of the market. I'm sure Albertsons and Kroger each have local monopolies in different regions.
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by plagiarist on Tuesday September 26, 2023 @02:22PM
(#37663642)
I think they have a good point, though. I would like the laws to prevent a single corporation from being 90% of all groceries for an entire state even if they aren't anything close to a monopoly from a national perspective.
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by dublinben on Tuesday September 26, 2023 @02:32PM
(#37663788)
That doesn't seem likely. According to this source, Frey Meyer (18.4%) + Safeway (17.3%) would be the clear market leader with over 35%, but there's still robust competition from Costco, Walmart, and others.
https://www.axios.com/local/seattle/2023/04/24/seattle-favor...
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by loeg on Tuesday September 26, 2023 @03:54PM
(#37664993)
Note that Fred Meyer (18.4) and QFC (14.1) are already both owned by Kroger. So that would be 49.8% post-merger, per those figures.
These figures seem to be for the Seattle metro rather than the city itself. Costco might be a competitor in some sense but it doesn't serve the area I live -- the nearest one is a 45 minute drive away. WinCos are even further away -- they serve some of the suburbs, but not the city of Seattle. Ditto Walmart. I've never heard of or seen Campeon. Whole Foods / PCC exist, but are expensive. Trader Joe's is fine but not really a full grocery store.