FTC fights Kroger-Albertson’s mega merger

Image source - Pexels.com

In a bold move to protect competition, the Federal Trade Commission has launched a lawsuit to prevent the $24.6 billion merger between grocery behemoths Kroger and Albertson’s, citing risks of higher prices for consumers and lower wages for employees. The supermarkets argue the merger is vital for standing up to retail titans like Walmart and Amazon.

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