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Federal Court Blocks Kroger’s “Anti-Competitive” $25 Billion Merger with Albertsons

HeadlineDec 11, 2024

A federal judge has blocked grocery chain Kroger’s $25 billion merger with Albertsons, siding with the Federal Trade Commission, which called the deal anti-competitive. The FTC had argued the proposed merger to create the largest supermarket chain in the U.S., with some 5,000 stores, would give customers already grappling with high food costs fewer options for groceries.

In related news, President-elect Trump on Tuesday named Andrew Ferguson to lead the Federal Trade Commission. Ferguson is a Republican former congressional aide and former Supreme Court clerk who has pledged to roll back federal oversight of most large U.S. corporations.

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