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Hearing Begins in FTC Lawsuit Against Kroger’s Planned $25 Billion Acquisition of Rival Albertsons

The agency argues the deal could result in consumers having to pay more for their groceries.
Hearing Begins in FTC Lawsuit Against Kroger’s Planned $25 Billion Acquisition of Rival Albertsons
The Albertsons logo is displayed in front of an Albertsons grocery store in Los Angeles on Oct. 14, 2022. Mario Tama/Getty Images
Katabella Roberts
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The U.S. Federal Trade Commission (FTC) argued in court on Aug. 26 that Kroger Co.’s planned $25 billion purchase of rival Albertsons Companies Inc. is anti-competitive and could send food prices soaring for Americans.

The FTC made the arguments during a hearing in the U.S. District Court in Portland, Oregon, as the agency seeks a preliminary injunction against the deal.

Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.