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The action by the FTC follows lawsuits filed earlier this year in Colorado and Washington to block the merger. The states that joined the FTC lawsuit Monday are Arizona, California, Illinois, Maryland, Nevada, New Mexico, Oregon and Wyoming.
By Trevor Hunnicutt WASHINGTON (Reuters) - A Biden administration bid to block supermarket chain Kroger's $24.6 billion deal to buy rival Albertsons may have outsized impact in two inflation-weary 2024 election battleground states, Nevada and Arizo...
The Biden administration is looking to block the merging of grocery chains Kroger and Albertsons.
Kroger and Albertsons said customers will likely see higher food prices and store closures if the merger isn’t allowed to proceed.
The Federal Trade Commission sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competi