this post was submitted on 13 Aug 2024
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AI
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Artificial intelligence (AI) is intelligence demonstrated by machines, unlike the natural intelligence displayed by humans and animals, which involves consciousness and emotionality. The distinction between the former and the latter categories is often revealed by the acronym chosen.
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I got news for ya bud... Kroger is Safeway now. They bought em in 2022.
Hey government. Breaking up Google is cool n all but grocery stores next please?
I was curious so I looked it up. It's actually not that bad as far as ownership goes, but so many are regional.
Edit: also, this merger is still pending? And the FTC is seeking to block it?
They're still working on it. A few states' attorneys general are suing to stop it while Krogway try to make some "totes not a monopoly" changes. Here in Colorado that means selling off some stores.
I don't think they will stop this one. They let Cedar Fair / 6 flags go through despite them having basically 0 competition. They basically found like 2 parks they didn't own n said see? We have competition. Surely parks will close, land will be sold, and prices will go up as a result of this merger. Krogway just has to say look, wmt and tgt exist so it's fine, and they will rubber stamp it.
Maybe, maybe not. If we're going to bring totally unrelated industries into the mix, Spirit and JetBlue airlines had their merger blocked. Airlines and grocery stores have a bigger public interest in not having monopolies than theme parks, which often have arguable monopolies in many places already if a major city only has one theme park.
More importantly, you said that they're already the same company. That is definitely not the case at this point.