FTC Sues To Block $25 Billion Kroger-Albertsons Merger

In case you missed yesterday’s news alert, the Federal Trade Commission (FTC) has sued to stop the proposed $25 billion merger of supermarket giants Kroger and Albertsons from proceeding, citing the potential of higher prices for consumers and lower wages for workers if the combination goes through. A bipartisan group of state attorneys general from Arizona, California, Washington D.C., Illinois, Maryland, Nevada, New Mexico, Oregon, and Wyoming joined the suit, which aims to block the deal’s closure, pending the FTC’s administrative proceedings. Here’s the full story.

Tagged : Albertsons, FTC, Kroger

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