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Albertsons

Judges Block Kroger-Albertsons Merger

Antitrust advocates on Tuesday welcomed a pair of court rulings against the proposed merger of grocery giants Kroger and Albertsons, which was challenged by Federal Trade Commission Chair Lina Khan and multiple state attorneys general. "The FTC, along with our state partners, scored a major victory for the American people, successfully blocking Kroger's acquisition of Albertsons," said Henry Liu, director of the commission's Bureau of Competition, in a statement. "This historic win protects millions of Americans across the country from higher prices for essential groceries—from milk, to bread, to eggs—ultimately allowing consumers to keep more money in their pockets."

Workers Would Pay The Price For This Mega Grocery Merger

As a former grocery store cashier, the recent news that the Federal Trade Commission (FTC) is suing to block a merger between supermarket giants Kroger and Albertsons prompted a sigh of relief. My experience cashiering and bagging taught me just how it is critical to stop further concentration in the industry when just five companies already control over 60% of U.S. grocery sales. First proposed in 2022, the $24.6 billion deal would be the largest supermarket merger in history and would create the second largest grocery company in the United States (after Walmart).

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