A federal decide on Tuesday blocked the proposed $25 billion merger between Albertsons and Kroger, agreeing with the Federal Commerce Fee (FTC) that the deal would undermine competitors within the grocery business.
U.S. District Choose Adrienne Nelson mentioned that the plan put ahead by the 2 firms to cut back grocery costs and divest greater than 500 shops failed to handle considerations about lowered competitors within the sector and the affect it might have on shoppers and employees.
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