this post was submitted on 26 Feb 2024
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[–] [email protected] 49 points 8 months ago (2 children)

Albertsons has been buying up competitors for a while.

https://en.m.wikipedia.org/wiki/Albertsons

Kroger has a few too:

https://en.m.wikipedia.org/wiki/Kroger#Chains

They turned Pavilions from a nice store to another dingy grocery. I can’t imagine this going through would be good for consumers. Many neighborhoods only have access to 2 stores at best, and I suspect most are already owned by the same parent. A merger would further turn this into a monopoly.

[–] [email protected] 28 points 8 months ago (1 children)

FTC is a captured agency with revolving door administration between what businesses they regulate and people responsible for regulation.

https://therevolvingdoorproject.org/revolving-door-project-sends-chair-khan-letter-on-ftc-ethics/#:~:text=

[–] [email protected] 14 points 8 months ago* (last edited 8 months ago) (3 children)

You're not wrong, but the appointment of Lina Khan to head the FTC is easily one of the only good things Biden has done while in office.

So, at least she'll go down kicking and screaming before they finally snuff her out, metaphorically speaking.

[–] [email protected] 14 points 8 months ago (1 children)

Honestly, i dislike his age, his stance on Israel and some other general things but overall I think Biden has accomplished a lot of good things as president.

Some examples:

  • rejoined Paris Agreement
  • rejoined WHO
  • ends federal private prison contracts
  • 130+ billion in student loan forgiveness
  • Russia sanctions
  • national registry for police fired for misconduct
  • executive order protecting travel for abortion
  • gas prices down (not all in his control but still)
  • inflation reduction act
  • Arguably the best post-pandemic economy in the world
[–] [email protected] 9 points 8 months ago* (last edited 8 months ago) (1 children)

Wait he did ALL that? I had absolutely 0 idea, it's way more than I thought. Although I will add the one other thing I do know that he did:

  • took major steps to removing medical debt from credit scores, including rolling out regulations prohibiting medical debt from being included on credit reports and creating standards for property owners to not consider medical debt for potential renters
[–] [email protected] 0 points 8 months ago

Bad news sells. Good news goes unnoticed.

[–] [email protected] 3 points 8 months ago

Hopefully... Biden appointed some real pussycats to the SEC who also died shit about fuck all...

[–] [email protected] 0 points 8 months ago

Lina Khan has been extraordinarily ineffective at the head of the FTC.

While the agency has made a lot of noise about holding big tech accountable, all they've managed to accomplish is losing court cases and setting even more precedent against the government's ability to enforce anti-monopoly legislation against these companies.

Her heart seems to be in the right place, but results matter as well.

[–] [email protected] 8 points 8 months ago (1 children)

Hell I'm in Seattle and my walkable area (about 2 mile radius for me) would be reduced to this mega corp, Amazon, and a couple Asian marts. I've got two corner stores nearby but their produce is usually not great and mostly they have snacks and microwavables. I suspect smaller towns or less bustling neighborhoods could easily be reduced to just this super chain and nowhere else

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

My 2nd closest grocery store is a 40 minute drive, and it’s a Walmart.