The largest proposed grocery merger in U.S. history is heading to court.
FILE - A customer moves purchases at a Kroger grocery store in Flowood, Miss., June 26, 2019. will help them compete against rivals like Costco. On the other side are antitrust regulators from the Federal Trade Commission, who say the merger wouldStarting Monday, a federal district court judge in Portland, Oregon, will consider both sides and decide whether to grant the FTC’s request for a preliminary injunction.
Kroger and Albertsons – two of the largest grocery chains in the U.S. – announced in October 2022 that they planned to merge. The companies say the $24.6 billion deal would hold down prices by giving them more leverageand allowing them to combine their store brands. They say a merger also would help them compete with big rivals. In February, the FTC issued a complaint seeking to block the merger before an administrative judge at the FTC.
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