FTC, Calif. AG Lawsuits to Block Kroger-Albertson’s Supermarket Merger

by Katy Grimes at californiaglobe.com The Federal Trade Commission announced in late February it had filed a lawsuit to block the largest proposed supermarket merger in U.S. history—Kroger Company’s $24.6 billion acquisition of the Albertsons Companies, Inc., alleging that the deal is anticompetitive. The “Largest supermarket merger in U.S. history will eliminate competition and raise grocery prices […]