Kroger-Albertsons merger dealt another blow in Washington state

Category: Business

A judge in King County Superior Court blocked the merger between Kroger and Albertsons, citing fierce competition in Washington. This ruling follows a similar decision by a federal judge, marking significant setbacks for the grocers' plans. The state argued that the merger would lead to higher prices and reduced competition, while Kroger and Albertsons claimed it would enhance their ability to compete against non-unionized rivals. The companies are now awaiting a ruling on a related lawsuit in Colorado.

Keywords: Kroger, Albertsons, merger

Source: Grocery Dive

Update At: 12/11/2024

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