Kroger pauses massive merger with rival grocery chain after numerous lawsuits and regulatory challenges
- Kroger and Albertsons have paused their $24.6 billion merger following a preliminary injunction from Denver District Judge Andrew J. Luxen until the lawsuit by Weiser is addressed.
- Weiser stated that halting the merger is positive for "shoppers, workers, farmers, and other suppliers" during the busy harvest season.
- The Federal Trade Commission, which opposes the merger, claims it would reduce competition and raise prices for millions of Americans.
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