KROGER and Albertsons are divesting 400 stores in a deal worth almost $2billion in order to allay antitrust concerns amid their merger. Kroger announced its $25billion merger with Albertsons last October but both companies were hit with backlash from the public and US Congress. Kroger and Albertsons are set to sell 400 storesGetty The deal follows a multi-million dollar merger that raised antitrust concernsGetty The two major retailers are being investigated by the Federal Trade Commission as concerns arose that the merger could decrease competition and increase prices. In an attempt to deter these antitrust concerns from federal regulators, Kroger said in its announcement of
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