Ethical Consumerism

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A place to strategize, plan, execute, and support each other in reducing reliance on unethical consumer goods.

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Reverendender

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Kroger said it plans to lower grocery prices by $1 billion if federal regulators approve the proposed $25 billion merger with Albertsons (www.aier.org)

submitted 2 months ago* (last edited 2 months ago) by Reverendender to c/ethicalconsumerism

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I don’t know about y’all, but I will not ever be going shopping here.

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[–] merc 31 points 2 months ago (3 children)

"You should let us reduce competition in the grocery space, because with less competition prices will be lower."

That's a bold take.

[–] [email protected] 5 points 2 months ago

$omething tell$ me it will probably $till work though.

[–] [email protected] 4 points 2 months ago (1 children)

Walmart has been doing it for decades to achieve its low prices. The problem isn't that it won't work, it's just still a shitty thing to squeeze every cent from your suppliers.

[–] merc 6 points 2 months ago

Wal*Mart does definitely squeeze their suppliers, and it does have relatively low prices, but it's hardly a charity. It squeezes suppliers, not so that it can supply customers with low prices but so that it can provide profits to investors.

[–] [email protected] 2 points 2 months ago (1 children)

Economies of scale do allow for lower prices. Problem being, monopolies do not.

[–] merc 5 points 2 months ago

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.