While California Weighs Action, Another State Sues to Stop Kroger-Albertsons Merger ...Middle East

News by : (Times of San Diego) -
An Albertsons grocery store in Glendora. REUTERS/Aude Guerrucci Colorado’s attorney general has filed a lawsuit seeking to block Kroger’s proposed $25 billion acquisition of rival supermarket chain Albertsons, saying consumers would be hurt. The U.S. Federal Trade Commission and other states continue to scrutinize the deal. A U.S. federal judge in December dismissed a consumer class action in California that challenged the sale. Colorado Attorney General Phil Weiser in a statement said the proposed transaction, first announced in 2022, “would lead to stores closing, higher prices, fewer jobs, worse customer service and less resilient supply chains.” Kroger and Albertsons are two

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