Why federal regulators want to stop grocery giants Kroger and Albertsons from merging
Why federal regulators want to stop grocery giants Kroger and Albertsons from merging
What could be the largest grocery store merger in U.S. history is at a do-or-die point, with closing arguments this week in a lawsuit filed by the FTC to stop Kroger's nearly $25 billion purchase of Albertsons. The companies say the merger would lower prices, but regulators argue it would eliminate competition. Washington Post retail reporter Jaclyn Peiser joins Lisa Desjardins to discuss.
https://www.pbs.org/newshour/show/why-federal-regulators-want-to-stop-grocery-giants-kroger-and-albertsons-from-merging
What could be the largest grocery store merger in U.S. history is at a do-or-die point, with closing arguments this week in a lawsuit filed by the FTC to stop Kroger's nearly $25 billion purchase of Albertsons. The companies say the merger would lower prices, but regulators argue it would eliminate competition. Washington Post retail reporter Jaclyn Peiser joins Lisa Desjardins to discuss.
https://www.pbs.org/newshour/show/why-federal-regulators-want-to-stop-grocery-giants-kroger-and-albertsons-from-merging