Eric Fruits on the Kroger-Albertsons Deal

Yahoo Finance – ICLE Senior Scholar Eric Fruits was quoted by Yahoo Finance in a story about the benefits of allowing supermarkets Kroger and Albertsons to merge. You can read full piece here.

Growth of supercenters like Walmart, along with club stores like BJ’s (BJ) and Costco (COST), could be the biggest “long-run story” in the food and grocery industry, Eric Fruits, senior scholar at the International Center for Law & Economics, told Yahoo Finance. Fruits also highlighted Amazon’s (AMZN) purchase of Whole Foods for $13.7 billion as another deal that further intensified competition within the industry.