Kroger Albertson’s Merger Challenged By FTC
Posted on 02/26/2024
The Federal Trade Commission took action to prevent the largest proposed supermarket merger in U.S. history—Kroger Company’s US$ 24.6 billion acquisition of the Albertsons Companies, Inc. The FTC says the merger is anticompetitive. The FTC says “the proposed deal will eliminate fierce competition between Kroger and Albertsons, leading to higher prices for groceries and other…
