Dec. 11, 2024
Federal judge blocks $25B Kroger-Albertsons grocery merger
A federal judge Tuesday temporarily blocked what would be the biggest grocery store merger in U.S. history, siding with the Federal Trade Commission in its lawsuit seeking to halt the deal.
By Danielle Kaye
New York Times Company
A federal judge Tuesday temporarily blocked what would be the biggest grocery store merger in U.S. history, siding with the Federal Trade Commission in its lawsuit seeking to halt the deal.
The preliminary injunction issued by Judge Adrienne Nelson marks a win for federal regulators who have argued that Kroger's $24.6 billion acquisition of Albertsons, a rival grocery chain, would risk reducing competition at the expense of consumers ...
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