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Thursday, August 15, 2024

'Harris Plans to Increase M&A Scrutiny Between Big Food Companies'

 Kamala Harris will closely scrutinize proposed mergers between big food companies, according to an emailed campaign statement.

  • Campaign cites ongoing Kroger-Albertsons M&A as example of a deal that merits such scrutiny
  • Plans to direct resources toward “investigating and prosecuting price-fixing—where companies illegally collude to set prices—up and down the meat supply chains”
  • Harris to expand on plans in Friday speech in North Carolina
  • NOTE: In July, Colorado Judge Temporarily Halts Kroger-Albertsons Merger

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