Tag: block largest supermarket merger
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The US government files a lawsuit to prevent the biggest supermarket merger ever
The biggest supermarket merger in US history, according to the Federal Trade Commission, would result in higher pricing, closures of stores, and decreased employment. The FTC filed a lawsuit on Monday to stop the $25 billion agreement between Kroger and Albertsons. The goal of the 2022 merger was to unite the nation’s 5th and tenth-largest…