Kroger has promised to invest $500 million to lower prices as soon as the deal closes.
Kroger made 1.8 billion last year after expenses, so investing 500 million is a good gesture of faith but, I think that it should be required to be repeated yearly if they wish to make it as a condition of the merger, 500 million while likely wouldn’t do much prices wise, wouldn’t even be helpful if they aren’t doing it past the first year anyway