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The Federal Trade Commission ‘Seeks To Protect Union Workers’ Through A Challenge To The Proposed Merger Between The Grocery Chains Kroger & Albertsons

Published Sunday, March 24, 2024
by Labor News Story Link To Forbes
The Federal Trade Commission ‘Seeks To Protect Union Workers’ Through A Challenge To The Proposed Merger Between The Grocery Chains Kroger & Albertsons

Forbes Contributor David Reichenberg reports the Federal Trade Commission’s (FTC) recent challenge to the proposed merger between Grocery Chains Kroger and Albertsons also made the claim Unionized Grocery Workers will likely be paid less or otherwise face harsher working conditions by the combined company.  This allegation makes good on the FTC’s and the U.S. Department of Justice’s promise that harms to Workers are just as important as harms to consumers who buy from the merging parties.  The guidelines state the Government will look at the merging firms’ ability to cut or freeze wages, slow wage growth, exercise increased leverage with Workers in negotiations, or generally degrade benefits without prompting Workers to quit.

To Read This Labor News Report In Its Entirety, Go To: Biden’s FTC Seeks To Protect Union Workers Through M&A Challenge (forbes.com)

And For More, Go To: FTC Challenges Kroger’s Acquisition of Albertsons | Federal Trade Commission

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