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Kroger and Albertsons Await Judge's Decision on Historic $24.6 Billion Merger

The FTC argues the merger will harm consumers and workers, while the companies claim it will enhance competition against retail giants.

  • The proposed merger between Kroger and Albertsons is the largest in U.S. supermarket history, valued at $24.6 billion.
  • The Federal Trade Commission (FTC) seeks a preliminary injunction to block the merger, citing concerns over reduced competition and higher prices.
  • Kroger and Albertsons argue that the merger is necessary to compete with non-unionized giants like Walmart, Costco, and Amazon.
  • Under the deal, 579 stores would be sold to C&S Wholesale Grocers, but the FTC doubts C&S's ability to manage these stores effectively.
  • Several state attorneys general and labor unions have joined the FTC's opposition, fearing negative impacts on wages, benefits, and store closures.
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