Home Top Stories Kroger’s $24.6 billion buy of Albertsons halted by federal choose

Kroger’s $24.6 billion buy of Albertsons halted by federal choose

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A federal choose on Tuesday blocked Kroger’s $24.6 billion acquisition of Albertsons, ruling that the proposed union would reduce competitors for grocery customers.

The determination by an Oregon courtroom present in favor of the Federal Trade Commission, which had argued the deal would violate antitrust legislation.

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