The Federal Trade Commission recently undertook an examination of grocery store supply chains and came out with a new report. Part of a broader White House examination of select industry supply chains and, among other things, price increases, the move comes on the heels of challenging supermarket giant Kroger's proposed $25 billion acquisition of Albertsons.
Trying to separate the two might be impossible given the Biden administration's announced actions to "lower costs for families and fight corporate rip-offs." While the pharma, energy, and high tech industries have come under scrutiny, grocery stores are directly eyed as part of the "cracking down on unfair pricing."
The new report "yielded several key insights regarding market structure, business conduct, and effects on consumers." Here are two that speak directly to the issue of competition and pricing:
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