A federal judge paused a potential $24.6 billion merger between grocery giants Kroger and Albertsons. After a three week trial in Oregon, U.S. District Court Judge Adrienne Nelson issued the ruling, blocking the merger. Kroger and Albertsons originally proposed the merger in 2022, but the FTC sued to block that merger earlier this year, arguing that the proposed merger would eliminate competition between the two companies, violate antitrust law, lower wages and raise prices.
Arizona Attorney General Kris Mayes says together, the two companies employ 35,000 Arizonans and are two of the top ten employers in the state.For local grocery shoppers, like Devin Reed, cost is often at the top of the list when he's deciding where to shop. “The times that we’re living in,' he said, 'I think people generally are looking for who’s got the product they need at the lowest price.
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