A merger between Kroger and Albertsons has been stalled following a lawsuit from Washington state's attorney general. Image via court records Washington State Lawsuit Stalls Kroger, Albertsons $25B Merger
"This merger is bad for Washington shoppers and workers," Washington Attorney General Bob Ferguson said. "Free enterprise is built on companies competing, and that competition benefits consumers. Shoppers will have fewer choices and less competition, and, without a competitive marketplace, they will pay higher prices at the grocery store. That's not right, and this lawsuit seeks to stop this harmful merger."
January 18, 2024 at 03:46 PM
3 minute read
Antitrust
A merger between grocery giants Kroger and Albertsons hit a snag Monday after a lawsuit from Washington state challenged the $25 billion merger, alleging it would severely limit consumer choice and shopping options in the state.
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