The Opposition and the Coalition in Australia are taking steps to address the power and high prices of major supermarkets. The Opposition aims to benefit consumers by breaking up supermarket power, while the Coalition is developing new laws to tackle the issue. The FTC chair, Lina Khan, is opposing the Kroger-Albertson merger, citing concerns about higher prices and reduced union bargaining power. Critics warn about potential negative impacts on Australian consumers due to a planned mega merger between pharmacy giants.
The Coalition is going after the supermarket giants in proposed new laws. https://t.co/nXYHvDbC4p
As the competition watchdog begins probing a planned mega merger between two pharmacy giants, critics warn Australian consumers could end up paying dearly for the move. https://t.co/wGqGZEMvRF
The Coalition is tonight developing new laws that could break up the power of the supermarket giants. The proposal taps into frustration over high prices at the checkout, which are forcing some Australians to change the way they shop. #9News https://t.co/4IgbDXzXyf
Recall that FTC chair Lina Khan is trying to block the Kroger-Albertson merger on the grounds that it will lead to higher prices AND reduce union bargaining power (objections which obviously conflict). Should be fascinating to see how she plays this on her home court . . . https://t.co/8T3JGvLBvY
The Opposition is threatening to break up the power of our major supermarkets, in a bid to get a better deal for consumers. @ElizaEdNews #9News MORE: https://t.co/3pPIN1Hyjs https://t.co/8PpLh6o1bK