A federal judge temporarily halts the proposed supermarket merger of Kroger and Albertsons

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Kroger And Albertsons أخبار

A federal judge temporarily halts the proposed supermarket merger of Kroger and Albertsons
Kroger And Albertsons Court Case,Kroger And Albertsons Federal Case,Kroger And Albertsons Federal Court

A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.

U.S. District Court Judge Adrienne Nelson issued the ruling Tuesday after holding a three-week hearing in Portland, Oregon.Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, asking Nelson to block the $24.6 billion deal until an in-house administrative judge at the FTC could consider the merger’s implications.

Kroger, based in Cincinnati, Ohio, operates 2,800 stores in 35 states, including brands like Ralphs, Smith’s and Harris Teeter. Albertsons, based in Boise, Idaho, operates 2,273 stores in 34 states, including brands like Safeway, Jewel Osco and Shaw’s. Together, the companies employ around 710,000 people.On Tuesday, Colorado Attorney General Phil Weiser released a statement about this ruling.

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