Grocery is a boring business. Peddling bread-and-butter products (literally) at wafer-thin margins hardly sets pulses racing. Unless, that is, you are an American politician. On October 18th Amy Klobuchar and Mike Lee, two senators, called a hearing to discuss the proposed acquisition by Kroger, America’s second-biggest grocer by revenues, of Albertsons, the fourth-largest. The top Democrat and Republican, respectively, on the Senate antitrust subcommittee also sent a letter urging the Federal Trade Commission (ftc) to size up the $25bn deal, which they say “raises considerable antitrust concerns”.
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