FTC Files Lawsuit to Block Largest-Ever Supermarket Merger in the US
The FTC has filed a major antitrust lawsuit to block the $24.6 billion merger of Albertsons by Kroger, citing concerns about potential price hikes and negative impacts on consumer choice and product quality. The lawsuit alleges that the merger could lead to higher prices, reduced product variety and quality, and harm to store workers. Despite Kroger’s argument that blocking the merger could result in increased prices, the FTC and several attorneys general are challenging the deal, with significant implications for consumers and workers.
2024: Major Headlines in the Food Industry
Welcome to 2024, where the food industry is already making waves with major headlines. As we dive into the new year, there’s a lot to look forward to in the world of food and agriculture. From unionized grocery store workers…