Kroger-Albertsons Merger Faces Court Battle Over Antitrust Concerns
Federal regulators and multiple states argue the $24.6 billion deal would harm competition and raise grocery prices.
- The FTC and attorneys general from nine states have sued to block the merger.
- Kroger and Albertsons propose selling 579 stores to address competition concerns.
- The trial, expected to last three weeks, will include testimony from around 40 witnesses.
- Kroger argues the merger is essential to compete with giants like Walmart and Costco.
- If the preliminary injunction is granted, the merger could be delayed or abandoned.