Press Releases
Judge Blocks Grocery Merger, Issuing a Win For Millions of Shoppers
WASHINGTON, DC — Today, a federal judge blocked the proposed $25 billion merger between Kroger and Albertsons, issuing a massive victory to American consumers. As government watchdog Accountable.US has documented over the last year, the proposed merger would have opened the door for further consolidation, reduced wages, and price gouging in the food industry.
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American families are the big winner today, thanks to the Federal Trade Commission. The only people who stood to gain from the potential merger between Albertsons and Kroger were their wealthy executives and investors. The rest of us are letting out a huge sigh of relief knowing today’s victory is good news for competitive prices and consumer access.”
