Safeway owner Albertsons and Fred Meyer owner Kroger have proposed a $24.6 billion merger. The lawsuit argues that the deal would lead to higher grocery prices.
PORTLAND, Ore. — The Federal Trade Commission is suing to block the proposed $24.6 billion merger of grocery store chains Albertsons and Kroger, and Oregon Attorney General Ellen Rosenblum announced Monday that the nationwide lawsuit will be filed in the U.S. District Court in Portland, with Oregon and eight other states joining the federal agency’s complaint.
Kroger announced its intention to acquire Albertsons in October 2022, and the proposed merger quickly drew scrutiny and pushback in the Pacific Northwest, where
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