FTC Legal Challenge Threatens Kroger-Albertsons $25 Billion Deal
Albertsons Companies(ACI) Forbes·2024-02-27 02:25
The FTC has filed against the proposed Kroger and Albertsons deal (Sarah A. Miller/Idaho ... [+] Statesman/Tribune News Service via Getty Images)TNSAntitrust regulator The Federal Trade Commission filed a lawsuit Monday in an attempt to spike Kroger's long-running attempt to buy rival grocer Albertsons, claiming the merger of the two major grocers would result in higher prices for shoppers and lower wages for workers.In a release, the FTC claimed the deal would hurt supermarket competition for shoppers and ...