The Latest Breaking News from Albertsons

Kroger and Albertsons seek to merge, arguing it will lower prices, but the FTC opposes the merger due to competition, job losses, and store closures.

The chief executives of Kroger and Albertsons are set to testify in federal court about their companies' proposed merger

Kroger and Albertsons will defend their plan to merge in a hearing scheduled to begin Monday in federal court in Oregon

"We stand prepared to defend this merger in the upcoming trial in federal court," Kroger CEO Rodney McMullen said

Senators Elizabeth Warren and Robert P. Casey, Jr. worry Kroger will "squeeze consumers to increase profits"

Amid rising grocery costs, the FTC's fight against the merger may end up hurting the very consumers it's supposed to protect.

Merger would have been the largest supermarket deal in history

The merger of two of the country's biggest supermarkets now faces both state and federal legal hurdles

In addition to the stores, the companies have also offered to sell six distribution centers and a dairy plant in Colorado

“Antitrust enforcement during the Biden administration has been extremely vigorous," one policy expert told Salon

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