U.S. regulators file lawsuit to prevent Kroger-Albertsons supermarket merger


  • World
  • Tuesday, 27 Feb 2024

WASHINGTON, Feb. 26 (Xinhua) -- U.S. regulators and nine state attorneys general are filing a lawsuit in an attempt to halt the 24.6 billion U.S. dollar merger between Kroger and Albertsons, the two largest supermarket chains in the country.

Largest supermarket merger in the U.S. history will eliminate competition and raise grocery prices for millions of Americans, while harming tens of thousands of workers, the Federal Trade Commission(FTC) said in a statement on Monday.

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