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FTC, states challenge Kroger's $25 billion grocery merger with Albertsons

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politico.com/news/2024/02/26/ftc-krogers-albertsons-grocery-merger-00143287

In its administrative complaint the FTC said the deal would lead to higher prices and worst service for a host of consumer staples and services including fresh produce and pharmacy services, with consumers “paying millions of dollars more for food and other essential household goods.” It also said the deal would lead to fewer jobs and depressed wages for workers. Both the…

This story from politico.com was posted on 2024-02-27 by @ivyvine.

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