The U.S. Federal Trade Commission on Monday filed suit in federal court to block the merger of supermarket giants Kroger and Albertsons, a union that regulators said would eliminate competition and threaten consumers’ access to affordable groceries.
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Regulators sue to block merger of supermarket giants Kroger and Albertsons
The Federal Trade Commission said the reduced competition resulting from the $24.6 billion consolidation would raise grocery prices and worsen conditions for store workers
Updated February 26, 2024 at 1:21 p.m. EST|Published February 26, 2024 at 12:00 p.m. EST