The Federal Trade Commission filed a lawsuit Monday, Feb. 26, to block Kroger’s $25 billion bid to acquire Albertsons, arguing that the merger would eliminate competition, raise prices for consumers and lower wages for workers.  A group of nine attorneys general from different states has joined the FTC’s complaint, indicating broad opposition to the merger.
U.S.

FTC sues to block $25 billion Kroger-Albertsons deal

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The FTC is suing to stop Kroger's $25 billion bid for Albertsons, claiming it would reduce competition and raise prices.

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