WVXU: How Kroger’s purchase of Albertson Co. could impact consumers
UC Law professor offers thoughts and antitrust law expertise
Felix Chang, professor and co-director of the Corporate Law Center at the UC Law, discusses the potential impact of a merger between Kroger Co. and Albertson Co. during a segment with WVXU’s Cincinnati Edition. Kroger is the second larger grocery retailer in the nation while Alberston’s is the fourth largest.
Their merger is set for completion by January 2024, but the deal still faces regulatory scrutiny and legal challenges regarding potential antitrust issues. The two companies owned nearly 5,000 grocery stores combined across the nation. The impact could be substantial for consumers.
“What you worry about when you have a merger of this size is two fold,” Chang told WVXU listeners. “One is that you have a market that has one less significant competitor and so got few competitors and they is a greater propensity for some kind of anti-competitive conduct in violation of the Sherman Act. You also worry about a successor who has greater market power and can unilaterally raise prices.”
Listen to the WVXU interview online.
Learn more about Felix Chang, professor of law at the University of Cincinnati.
Featured top image: Kroger grocery closest to the UC campus. Photo/Andrew Higley/UC Marketing + Brand.
Related Stories
State Department Delegation For Discussion On Foreign Policy
February 18, 2002
In what was billed as the most important delegation of the year in the U.S. Department of State's International Visitor Program, a group of 21 representatives from some of the world's most conflict-ridden regions participated in a special human rights program at the College of Law on Feb. 15
PROFILE: Co-op Winner Seeks New Homes for Reptilian Roomies
November 10, 2002
Co-oping has been nothing but good news for UC Honors-PLUS senior Zach Osborne. It's proving to be not quite as auspicious for the 11 reptiles he keeps as pets.
Bono, Chris Tucker Visit UC To Discuss Africa
December 5, 2002
U2's Bono and comedian-actor Chris Tucker led a delegation from the DATA organization who came to UC to talk about potentially catastrophic problems in Africa.
UC Law Students Release Ohio Death Penalty Study
January 16, 2003
Students from the UC College of Law's Urban Justice Institute released a study of Ohio's death penalty system that argues that serious reform is needed to protect against the possibility of executing an innocent individual.
State Department Forum Features World View on U.S. Policy
January 28, 2003
A global reaction to the latest developments in the U.S. war on terror and other foreign policy developments will be available when 19 visitors on a State Department-sponsored tour of the United States come to the UC College of Law for a forum on Jan. 31.
UC Research Spurs Lawmakers to Propose 14th Amendment Vote
February 4, 2003
Ohio may finally ratify the 14th Amendment, after research from UC's Urban Justice Institute showed that a pair of votes 135 years ago left Ohio's approval in doubt.
Law Alum to Speak on African-Americans in Civil War
February 6, 2003
Bernard Siler, a 1978 graduate of the UC College of Law, will be the featured speaker at the college's 2003 Minorty Law Day program. Siler will talk about his historical interest in the Civil War and the role of African-American soldiers.
PROFILE: The Full Story on Taxes
February 24, 2003
Paul Caron of the UC College of Law has turned his interest in tax policy and better ways to teach it into a new series of legal textbooks for one of the nation's largest legal education publishers.
UC Students' Work Has Ohio on Verge of Historic Vote
February 24, 2003
Ohio legislators are expected this week to confer their approval upon the 14th Amendment, laying to rest historical questions about Ohio's stance on the issue that were raised through research by UC law students.
Spring 2003 Study Abroad at UC
March 3, 2003
Globalization, rather than socialization and sun, will be the priority for more than 220 students heading overseas this spring.