I was interested to see Chicago's Mariano's is now a Kroger company. Interesting story there. Bob Mariano started bagging groceries at Dominick's, the duopoly partner with Jewel, way back when, rising to become a senior manager. When the family wanted to sell Dominick's, Bob made an offer, but they sold to Safeway, assuming a big company would be able to keep the brand/family name alive. Dominick's collapsed due to shabby stores and poor management. Bob went on to start his own chain and his stores are AWESOME, selling everything you want, plus things you never knew you needed. Sad to see he sold it to Kroger, but they haven't ruined the place yet...
I was not expecting Houston to be listed as a city that have less competition. It’s true that Randall’s is here (Albertsons) but they have been closing stores for years and have practically given up the market. The obvious reason is a very strong local competitor in H-E-B. If the merger goes through there would be marginally less competition when the remaining stores are inevitably closed or converted to Kroger but H-E-B is the 800 pound gorilla in this market.
Love your work and share it often, I promote it on lawyer listservs often.
So it's weird to be feeling so discordant but I truly have to say, to paraphrase the great quote about majorities, "When you find yourself on the same side as Ken Paxton, you know you should reconsider your position."
While "Big Tech" may say it fears speech regulation, the only thing they really fear is losing money to competitors.
And what will happen if your position and Ken Paxton's is upheld is that the big social media platforms who have the money will neuter the regulations as applied to themselves, but help others wield them ruthlessly against smaller competitors.
Is there merit to their claim of wanting to compete with Walmart? Some quick napkin math based on their SEC filings shows a combined Kroger/Albertsons would still have less annual revenue than Walmart's grocery division alone. Why is there no push to break up Walmart?
Regarding the high cost of borrowing causing negative consumer sentiment, why didn’t you mention the Federal Reserve which has dramatically raised interest rates and refuses to significantly lower them. I wasn’t able to get access to the NBER article but I’m surprised you didn’t in your discussion.
I was interested to see Chicago's Mariano's is now a Kroger company. Interesting story there. Bob Mariano started bagging groceries at Dominick's, the duopoly partner with Jewel, way back when, rising to become a senior manager. When the family wanted to sell Dominick's, Bob made an offer, but they sold to Safeway, assuming a big company would be able to keep the brand/family name alive. Dominick's collapsed due to shabby stores and poor management. Bob went on to start his own chain and his stores are AWESOME, selling everything you want, plus things you never knew you needed. Sad to see he sold it to Kroger, but they haven't ruined the place yet...
I was not expecting Houston to be listed as a city that have less competition. It’s true that Randall’s is here (Albertsons) but they have been closing stores for years and have practically given up the market. The obvious reason is a very strong local competitor in H-E-B. If the merger goes through there would be marginally less competition when the remaining stores are inevitably closed or converted to Kroger but H-E-B is the 800 pound gorilla in this market.
Love your work and share it often, I promote it on lawyer listservs often.
So it's weird to be feeling so discordant but I truly have to say, to paraphrase the great quote about majorities, "When you find yourself on the same side as Ken Paxton, you know you should reconsider your position."
While "Big Tech" may say it fears speech regulation, the only thing they really fear is losing money to competitors.
And what will happen if your position and Ken Paxton's is upheld is that the big social media platforms who have the money will neuter the regulations as applied to themselves, but help others wield them ruthlessly against smaller competitors.
Is there merit to their claim of wanting to compete with Walmart? Some quick napkin math based on their SEC filings shows a combined Kroger/Albertsons would still have less annual revenue than Walmart's grocery division alone. Why is there no push to break up Walmart?
Regarding the high cost of borrowing causing negative consumer sentiment, why didn’t you mention the Federal Reserve which has dramatically raised interest rates and refuses to significantly lower them. I wasn’t able to get access to the NBER article but I’m surprised you didn’t in your discussion.