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The proposed merger between retail giants Kroger and Albertsons faces a significant obstacle as the Federal Trade Commission (FTC) takes legal action to block the deal. The FTC's move has cast uncertainty over what would have been the largest supermarket merger in U.S. history, prompting concerns about potential consequences for consumers and competition within the grocery industry.
The merger deal between two grocery store giants is in jeopardy. Rick Ucchino
The merger, announced in 2022, sought to bring together Kroger, the fifth-largest retailer in the country, and Albertsons, currently ranking tenth. The deal aimed to. . .
