Elected officials, independent grocers and union groups are airing concerns and in some cases pushing back on the proposed deal between Kroger Co. and Albertsons Cos.
as antitrust officials are set to begin reviewingKroger in October announced it would acquire Albertsons, saying that a deal would help them boost their scale and technology, and better compete with larger rivals. Antitrust attorneys, and the companies plan to submit details of their merger plan to the Federal Trade Commission around Thursday, according to a letter viewed by The Wall Street Journal.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
If unions and elected officials are pushing back on this deal, it must be a good thing.
ORDOJ this merger would be especially bad for Oregon residents $KR