US sues to block merger of grocery giants Kroger and Albertsons,...

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2024-02-27 13:54:44 -

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US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher - SRN News

The Federal Trade Commission sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans. The FTC filed an administrative complaint against the companies Monday, which will be considered by an administrative law judge at the agency. […]

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