Walgreens announces deal to buy Rite Aid for $9 a share

I don&#x27;t understand why this purchase was not turned down for on grounds of anti-trust. There will be less competition for lowering drug costs. How is this a good thing for American health care?<p>There are four large pharmacy chains in NYC and now Walgreens owns three of the four. Not long ago Walgreens purchased Duane Reade. Now the competition is limited to Walgreens and CVS.

When I write for the Onion I will do an article, &quot;Comcast acquires itself, raises rates&quot;<p>There is always more monopoly where that came from.

Knowing these two companies, the transaction is going to be printed on a receipt with one line per share and a few hundred feet of legal disclaimers

A 17.8 billion dollar deal yet every time I go in I&#x27;m asked to donate to &#x27;the troops&#x27; which are not a charity to begin with.

I don&#x27;t know much about Wallgreens, but didn&#x27;t like how they&#x27;ve been opening stores across the street from RA here in Los Angeles, instead of the next deserving block.<p>Also hope they don&#x27;t get rid of the Thrifty (drug store) ice-cream, it is one of the only places to get a decent scoop at a low price for families. Not to mention lots of good memories.

I did always love Rite Aid though Walgreens is good as well. CVS is the only one of that type of store that I routinely avoid. I wonder if Rite Aid and Walgreens will follow suit in not selling cigarettes anymore.