Home Economy Economic Activity U.S. sues to block merger of grocery giants Kroger and Albertsons

U.S. sues to block merger of grocery giants Kroger and Albertsons

THE FEDERAL TRADE Commission on Monday sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans. / ANN ARBOR NEWS FILE PHOTO VIA THE ASSOCIATED PRESS / ED PEVOS

The Federal Trade Commission sued to block a proposed merger between grocery giants Kroger and Albertsons, the parent company of Shaw’s and Star Markets, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans.  The FTC filed a lawsuit in U.S. District Court in Oregon on Monday. It was

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