Kroger-Albertsons merger temporarily halted by Colorado judge until September

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Kroger-Albertsons Merger Halted By Colorado Judge أخبار

Kroger-Albertsons Merger Halted Until September,Kroger-Albertsons Merger Temporarily Halted,Kroger-Albertsons Merger Temporarily Halted By Col

Óscar A. Contreras is a Murrow-nominated journalist who has been writing for the E.W. Scripps Company since January 2014.

DENVER – A proposed $25 billion merger between Kroger and Albertsons has been put on hold by a Colorado judge until the court rules on a lawsuit filed by the Colorado Attorney General to block the deal from happening earlier this year.

The trial is set to begin Sept. 30, he said, “and my office looks forward to making the case that this merger will eliminate competition and impact food prices, jobs, and consumer choice.” The companies have maintained no stores would be closed and frontline associates would lose their jobs. “We’re pleased with the court’s decision to temporarily halt the proposed mega-merger, which would have devastating impacts in communities here in Colorado and across the country,” said United Food and Commercial Workers Union Local 7 President Kim Cordova in a prepared statement. “Our members and customers alike are concerned about potential job losses, food and pharmacy deserts, increased food prices, cost to food suppliers, and a lack of competition if the merger goes through.

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