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The FTC has sued to block the proposed merger between Kroger and Albertsons, concerned about higher grocery prices and working conditions for employees.
Grocery store chain Kroger's bid to buy its close rival Albertsons has caused alarm in the U.S. West, where officials fear its potential dominance - controlling more than half the market in some states - will hurt consumers. But the biggest opposition comes from Western markets, who make up six of the eight states that joined a Federal Trade Commission lawsuit on Monday to stop the deal. While Kroger argues it needs the deal to take on big national rivals like Walmart and Amazon.com, in several Western states it will be by far the biggest player.
By Chris Sanders WASHINGTON (Reuters) - Grocery store chain Kroger's bid to buy its close rival Albertsons has caused alarm in the U.S. West, where officials fear its potential dominance - controlling more than half the market in some states - will...
The Federal Trade Commission sued to block the $24.6 billion merger between grocery giants Kroger and Albertsons
