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.
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The federal government’s status is far from the only factor moving the markets on Friday. Two critical reports released today on producer inflation and the status of the U.S. cattle herd are also top of mind.