The Biden administration’s decision to block the $24.6 billion Kroger-Albertsons merger marks yet another failure to support America’s working families. Judges in Oregon and Washington, at the urging of the Federal Trade Commission, cited supposed competition concerns while ignoring the real issue: domination by retail giants Amazon and Walmart, who continue to squeeze local economies and workers.

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United States

The Kroger-Albertsons merger is officially kaput — what's next?

Kroger and Albertsons had long been planning their union, a $24.6 billion deal first rolled out in 2022. Now that the marriage is officially off – terminated by both as part of the fallout following a decision in the FTC case – one big question remains. Where does the nation's largest traditional supermarket chain go from here?

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Readers respond: Blocked merger another hit to working families

A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to exclusive newsletters and more. Sign up here.Read more...

Quartz

How the grocery mega-merger between Kroger and Albertsons fell apart

Michael Hiltzik, Los Angeles Times  The $24.6-billion merger of Kroger and Albertsons supermarkets was designed to enrich corporate insiders at the expense of consumers. It won't be missed.

RealClearMarkets

Good Riddance to Merger of Albertsons & Kroger

The widely contested Kroger-Albertsons merger has officially been terminated two years after it was first announced. Now Albertsons Companies, Inc. (NYSE: ACI) (“Albertsons”) has filed an official lawsuit against Kroger ...  Read More The post Albertson’s Throws Darts in Lawsuit Against Kroger appeared first on AgNet West.

AgNet West

Albertson’s Throws Darts in Lawsuit Against Kroger

The Biden administration has once again failed to protect working families in America by blocking the $24.6 billion Kroger-Albertsons merger. At the Federal Trade Commission’s insistence, judges in Oregon and Washington invoked purported competition concerns while ignoring the true problem—the dominance of retail behemoths Amazon and Walmart, who continue to put pressure on local economies and people. Kroger’s dedication to its workers and consu…

Readers respond: Blocked merger another hit to working families

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