skip to main content
skip to newscasts

Monday, March 24, 2025

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Wildfires prompt evacuation in the Carolinas as New Jersey crews battle their own blaze; Iowa town halls find 'empty chairs'; California groups bring generations together to work on society's biggest problems; and Pennsylvania works to counter Trump clean energy rollbacks.

view newscast page
play newscast audioPlay

Lawmakers from both parties face angry constituents. Some decide to skip town halls rather than address concerned voters and Kentucky considers mandatory Medicaid work requirements.

view newscast page
play newscast audioPlay

Cuts to Medicaid and frozen funding for broadband are both likely to have a negative impact on rural healthcare, which is already struggling. Plus, lawsuits over the mass firing of federal workers have huge implications for public lands.

Corporate consolidation, lack of competition linked to rising grocery prices

play audio
Play

Tuesday, September 10, 2024   

As a federal judge considers a lawsuit aiming to block a proposed $25 billion merger between Kroger and Albertsons, a new report detailed how skyrocketing grocery store prices are linked to record profits and a lack of competition between a shrinking number of corporations dominating the nation's food system.

Rakeen Mabud, chief economist for the Groundwork Collaborative, the Washington, D.C.-based think tank behind the report, said fewer competitors in the industry can lead to price gouging.

"There are only a few companies that control big chunks of entire supply chains that get food to grocery stores," Mabud pointed out. "That consolidation, the fact that there are only a few companies that really control the supply chain, facilitates price gouging and profiteering."

The report recommended expanding laws banning price gouging nationwide. Statutes are already at work in 40 states including Louisiana, Tennessee and Texas. It also called for limiting mergers reducing competition. Grocers have blamed rising prices on the pandemic and other supply-chain disruptions. Kroger has also argued the proposed merger would help bring down prices, benefit workers and allow them to compete with companies such as Amazon and Walmart.

Mabud pointed to comments made by Kroger and other supermarket executives to shareholders admitting inflation was good for boosting profits. She added cargo ships, railroads and trucks are all owned by just a handful of firms.

"Our supply chain was built to maximize profits for giant corporations that control it," Mabud contended. "It was not built to maximize efficient delivery of goods."

If approved, the merger would create a virtual monopoly in places like Gunnison, whose 6,000 residents would have to travel 65 miles to find a grocery store not owned by Kroger. Mabud noted health care, housing and education costs have also been on the rise for decades.

"The conversation around grocery prices is really part and parcel of a broader set of power dynamics that we need to disrupt," Mabud argued. "And that problem is that big corporations have way too much power, and everyday people have too little."


get more stories like this via email

more stories
Past legislation, like the Promoting Offshore Wind Energy Resources Act, has pushed Maryland toward its clean energy goals of 8.5 gigawatts of wind energy production in the next few years. (Adobe Stock)

Environment

play sound

As President Donald Trump rolls back clean energy initiatives at the federal level, states like Maryland are pushing ahead with their own energy …


Environment

play sound

Texas would be one of five states to suffer the most if the Trump administration repeals the Inflation Reduction Act, according to a report from the …

Environment

play sound

A local nonprofit with a mission to advance regenerative agriculture is hoping its new video can open up an untapped world of science to a younger aud…


An intergenerational dialogue held on Jan. 29 brought together participants from ages 8 to 82 to discuss important issues, post-election. (Ed Ritger)

Social Issues

play sound

In these divisive times, nonprofit groups are stepping up to boost civic engagement by facilitating intergenerational dialogue. The Creating …

Social Issues

play sound

By Angela Hart for KFF Health News.Broadcast version by Suzanne Potter for California News Service reporting for the KFF Health News-Public News Servi…

Roughly 150 cities in 32 states have passed homelessness ordinances, according to the National Criminal Justice Association. (Adobe Stock)

Social Issues

play sound

Next month, the city of Morgantown, West Virginia, will ask residents to vote on whether to keep or eliminate a city ordinance banning camping on …

Social Issues

play sound

Some 29 Arkansas Medal of Honor recipients will be recognized Tuesday as the National Medal of Honor Museum opens in Arlington, Texas. The museum is …

Social Issues

play sound

There are only 26 affordable housing units in Colorado for every 100 low-income households, according to a new report listing Colorado as the sixth …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021