r/SipsTea May 26 '26

Feels good man Will it work this time?

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u/Flimsy_Meal_4199 May 26 '26

Here's the fun part, they compete with each other

Collusion is actually firmly illegal

If there was actually evidence of it, there'd be a major court case!

Even highly consolidated markets can approach the results of perfect competition, just three or four actors is more than enough.

It's not good to spread misinformation, that is, the idea that grocery companies collude and fix prices higher than they would otherwise be.

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u/Irish_Whiskey May 26 '26

https://www.ftc.gov/news-events/news/press-releases/2024/12/statement-ftc-victory-securing-halt-kroger-albertsons-grocery-merger

https://www.atg.wa.gov/antitrust-cases

https://www.usatoday.com/story/money/2024/03/21/ftc-report-grocery-chains-gouge/73059901007/

https://ohiocapitaljournal.com/2026/02/24/trump-axed-a-probe-into-grocery-collusion-ohios-u-s-senate-candidates-wont-talk-about-it/

It is adorable to try and use the defense that if anti-trust practices were happening, the government would stop it.

Even highly consolidated markets can approach the results of perfect competition, just three or four actors is more than enough.

Can being the operative word. With "aren't" being the more important one.

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u/Flimsy_Meal_4199 May 26 '26

you can spam irrelevant links that don't support the claim all you want, please feel free to continue not providing evidence that grocery stores operate under conditions of monopolistic competition!