Kroger and Albertsons head to court to defend merger plan against US regulators' objections

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Kroger And Albertsons News

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The grocery chains previously said they would sell off some Mariano's and Jewel Osco stores if the merger is approved.

The grocery chains previously said they would sell off some Mariano's and Jewel Osco stores if the merger is approved.Kroger and Albertson's released a list of stores they would sell off if their merger is approved, which includes Mariano's and Jewel Osco stores.

The two companies proposed what would be the largest supermarket merger in U.S. history in October 2022. They say joining together would help them rein in costs and better compete with big rivals like Walmart and Costco. The FTC is seeking a preliminary injunction that would block the merger while its complaint goes before an in-house administrative law judge. In a three-week hearing set to begin Monday, U.S. District Judge Adrienne Nelson is expected to hear from around 40 witnesses, including the CEOs of Kroger and Albertsons, before deciding whether to issue the injunction.

 

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