Judge blocks Albertsons-Kroger $25 billion supermarket merger

A U.S. District Judge in Oregon has blocked a $25 billion-bid by supermarket giant Kroger to take over rival Albertsons after ruling that the Federal Trade Commission’s concerns about the merger’s impact on market consolidation were valid.

Powered by NewsAPI , in News on .

news image
A U.S. District Judge in Oregon has blocked a $25 billion-bid by supermarket giant Kroger to take over rival Albertsons after ruling that the Federal Trade Commission’s concerns about the merger’s impact on market consolidation were valid.
Read More