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Shining Light on Farm & Food Policy for 20 Years.
Sunday, December 22, 2024
The Federal Trade Commission announced a challenge to Kroger’s $24.6 billion proposed acquisition of Albertsons, arguing the move would raise grocery prices for consumers and threaten workers’ livelihoods.
Higher prices for meat and other foods are helping fuel the inflation that is pinching consumers. Supermarket prices rose 0.8% in June, driven by a 2.5% increase for meat, poultry, fish, and eggs. Beef prices rose 4.5% last month.
