FTC Challenges Kroger/Albertsons Merger

Dear Client: Today the Federal Trade Commission (FTC) filed suit to block the proposed merger between Kroger and Albertsons, alleging the deal is anticompetitive and would lead to higher prices and harm workers. "This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over the past few years. Kroger's acquisition of Albertsons would lead to additional grocery price hikes for everyday goods, further exacerbating the financial strain consumers across the country face today," says director