ICLE on the Kroger/Albertsons Decision

ICLE was cited by Reason in a story about a court decision blocking the proposed merger of Kroger and Albertsons. You can read the full piece here.

The International Center for Law & Economics regards these concerns as dubious, considering the highly competitive nature of retail labor markets and that the stores’ unions’ collective-bargaining agreements would likely counterbalance “any attempted exercise of monopsony power by the merged firm.”