XPost: alt.retail.grocery, alt.fan.rush-limbaugh, talk.politics.guns
XPost: seattle.politics
After months of speculation and delay, the Federal Trade Commission moved Monday to prevent the proposed $25 billion merger of Kroger and
Albertsons, claiming that the largest grocery merger in U.S. history would raise prices and hurt workers.
Legal experts say the government�s lawsuit, which contends the merger will reduce the competition that now keeps prices down, could take a year or
more to get through various hearings and appeals. The FTC has asked the
court to block the deal while the complicated case is being heard.
But many shoppers, including in Washington which has a disproportionately
large share of Kroger and Albertsons locations, aren�t waiting to issue
their own opinions on the merger between Kroger, which owns QFC and Fred
Meyer, and Albertsons, which owns Safeway.
https://www.seattletimes.com/business/seattle-shoppers-cheer-ftc-action- on-kroger-albertson-merger/
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