Federal judge temporarily blocks Kroger’s $25 billion merger with Albertsons

Federal judge temporarily blocks Kroger’s $25 billion merger with Albertsons

https://mortifiedcourse.com/d/mAFJz.d/GSNUvEZyG/Ul/Kermv9Lu/Z/UzlakCPkTQYT0/MsTLcO1cN_z/M-toN/jIQcxONiz/U/3lN/AH A US judge blocked the expected $25 billion merger of US grocery chains Kroger and Albertsons on Tuesday, in a victory for the Biden administration in favor of the US Federal Trade Commission (FTC). The FTC argued in a three-week trial in Portland, Oregon that the merger would eliminate head-to-head competition between the top … Read more