DominusOfMegadeus@sh.itjust.worksM to Ethical Consumerism@sh.itjust.worksEnglish · edit-217 days agoKroger said it plans to lower grocery prices by $1 billion if federal regulators approve the proposed $25 billion merger with Albertsonswww.aier.orgexternal-linkmessage-square60fedilinkarrow-up1143arrow-down18file-textcross-posted to: news@lemmy.world
arrow-up1135arrow-down1external-linkKroger said it plans to lower grocery prices by $1 billion if federal regulators approve the proposed $25 billion merger with Albertsonswww.aier.orgDominusOfMegadeus@sh.itjust.worksM to Ethical Consumerism@sh.itjust.worksEnglish · edit-217 days agomessage-square60fedilinkfile-textcross-posted to: news@lemmy.world
minus-squareshalafi@lemmy.worldlinkfedilinkEnglisharrow-up2·16 days agoEconomies of scale do allow for lower prices. Problem being, monopolies do not.
minus-squaremerc@sh.itjust.workslinkfedilinkEnglisharrow-up6arrow-down1·16 days agoEconomies of scale allow for lower costs, not lower prices. Lower prices are a choice that companies make, and it’s a choice they don’t have to make if they don’t have competitors.
Economies of scale do allow for lower prices. Problem being, monopolies do not.
Economies of scale allow for lower costs, not lower prices. Lower prices are a choice that companies make, and it’s a choice they don’t have to make if they don’t have competitors.