Press releases or official announcements from Kroger or Albertsons

Federal Judge Halts $25 Billion Kroger-Albertsons Merger Over Competition Concerns

Dec 11, 2024, 11:00 AM

A federal judge in Oregon has temporarily halted the proposed $25 billion merger between supermarket giants Kroger and Albertsons, citing concerns over reduced competition in the sector. The decision was supported by arguments from regulators and unions for grocery workers, who claimed the merger would negatively impact both employees and consumers. The merger, which would have been one of the largest in the grocery industry, has been delayed for at least a year, with the possibility of being blocked permanently.