Associated Press PORTLAND, Ore. (AP) — Closing arguments are coming up in the Federal Trade Commission’s attempt to block the proposed merger of supermarket chains Kroger and Albertsons. The commission has asked a U.S. District Court judge in Portland, Oregon, for a temporary injunction while it holds anti-trust proceedings on the the $24.6 billion deal. During the three-week hearing expected to wrap up on Tuesday, the two companies insisted that merging would allow them to lower prices and more effectively compete with retail giants like Walmart and Amazon. The FTC argued the deal would hurt competition. Kroger and Albertsons proposed what would be the largest supermarket merger in U.S.
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