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by falcolas 597 days ago
This isn't regulatory capture, this is deed restrictions. HOAs, water rights, mineral rights et.al. use this same mechanism.
2 comments

To be honest, I think all of those should be abolished as well.
That’s correct: Albertsons is responsible for upholding the deed restrictions, and can use any legal means to do so. The regulators could have said that a monopoly has grown too big to enjoy good standing in court, but instead of that they chose a small fee.