Kroger-Albertsons Merger Challenged In Court By FTC, 8 States
ACIAlbertsons Companies(ACI) Forbes·2024-02-27 02:08

ToplineThe Federal Trade Commission—along with eight states and Washington, D.C.—filed a lawsuit Monday to block Kroger’s proposed $24.6 billion acquisition of Albertsons, the largest proposed supermarket merger in the nation’s history, over allegations the deal is anti-competitive.The lawsuit seeks to block the largest proposed supermarket merger in U.S. history. SOPA Images/LightRocket via Getty Images Key FactsAccording to a release, the FTC issued an administrative complaint and filed the lawsuit in the ...