Antitrust Regulators Should Reject the Kroger/Albertsons Merger
WASHINGTON, D.C. – Kroger announced it is merging with Albertsons in a $24.6 billion deal, creating one of the largest grocery store chains in the U.S. with nearly 5,000 stores. Robert Weissman, president of Public Citizen, released the following statement:
“With food prices rising, the last thing Americans need is a supermarket merger that will spike food prices even further. Rejecting this merger proposal should be a no-brainer for federal antitrust officials.”