The proposed Albertsons-Kroger merger is under the microscope again

The proposed Albertsons-Kroger merger is again under the microscope.

Several lawsuits are currently in the works. At hearings in Colorado and Washington State, lawyers argued the merger would decrease competition and raise prices for consumers. It has been a sticking point for state attorney generals as well as the Federal Trade Commission.

Lawyers for the chains argued Wal-Mart is the real threat, saying they have a significant price lead in the market. No decisions were made this week, and both judges have set deadlines for later next month.

LATEST STORIES BY THIS AUTHOR:

Justin Wilson’s Apple Cobbler is pure Southern comfort—sweet, spiced, pecan-crusted, and baked until bubbly and golden. It’ll knock your socks off, I garontee!
The Texas Hemp Business Council warns that if signed into law, it could wipe out $4 billion in revenue each year, along with more than 50,000 jobs.