Quinn Emanuel Partner Kevin Arquit has been quoted in The Washington Post on grocery competition in the United States. The article discusses the potential impacts of the proposed $24.6 billion Kroger-Albertsons merger, which would create one of the largest grocery chains in the U.S. The merger has raised concerns about decreased competition and higher prices for consumers. To address antitrust concerns, the companies plan to sell hundreds of stores to smaller operators, but critics worry these sales won’t be enough to maintain market competition. Kevin Arquit contributes to the article: “Grocery competition is local. People prefer to shop close to home, and not everyone has a wide selection of stores nearby.”
Read the full article here.