SNAP Back to Reality: Why the FTC Needs a Broader View of the Kroger-Albertsons Case

The FTC’s court losses under Lina Khan’s leadership have a common theme: word games. In nearly every antitrust case it brings, the agency defines relevant markets in ways that make accused companies look more dominant than they really are. We call this the “relevant-market fallacy.” History is repeating itself in the agency’s recent move, along with nine attorneys general, to block the proposed Kroger-Albertsons grocery merger. The FTC defines the relevant market to exclude direct competitors such as Aldi, Amazon, Costco, and dollar-store chains.

Read the full article on the National Review.