The ruling, citing a potential loss of competition, was a victory for the Federal Trade Commission. Later, a Washington State judge blocked the deal on similar grounds.
Category: C&S WHOLESALE GROCERS
FTC Sues to Block Kroger-Albertsons $24.6 Billion Grocery Store Merger
The regulator is trying to stop the largest supermarket merger in history, arguing that the deal would eliminate competition and raise prices for consumers.