Dear Client: If you were worried about higher beer prices due to the would-be $20 billion Kroger-Albertsons deal, fret no more. Yesterday afternoon, news broke -- two years after the deal announcement -- that federal judge Adrienne Nelson has sided with the FTC, saying the deal is anticompetitive and would harm consumers. "Evidence shows that defendants engage in substantial head-to-head competition and the proposed merger would remove that competition,” Judge Nelson wrote in her ruling (per the Wall Street Journal,
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