this post was submitted on 12 Aug 2024
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[–] [email protected] 36 points 2 months ago (2 children)

Best case scenario, what can we hope for?

Forgive my cynicism, but even if they get caught for egregiousness, I can't imagine they won't just get a "cost of doing business" slap on the wrist. I can only hope I'm wrong.

[–] [email protected] 31 points 2 months ago* (last edited 2 months ago) (1 children)

I agree the fines that are issued for these companies is way to low. But on the bright side the FTC is actually doing their job and if it is making C-suite executives even the slightest bit nervous I'm for it. Yep I know that is a low bar but it's something

[–] [email protected] 16 points 2 months ago

It's absolutely something and a direct result of Democrats being in power.

Could you ever image a republican even asking about price fixing?? They'd probably be passing tax cuts for the offending corporations instead of fighting for the consumer.

[–] [email protected] 8 points 2 months ago

As a consumer, probably not much and definitely not fast.

However, in the context of the Albertson and Kroger merger, it could cast shade on that case and impact the outcome.

https://www.grocerydive.com/news/key-kroger-albertsons-merger-court-dates-ftc-washington-colorado/723375/

So I guess, optimistically, we can hope it slows our capitalistic death march towards monopolistic consolidation of businesses.