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.
Related Stories
Researchers at the Boyce Thompson Institute have constructed the perfect watermelon—returning “lost” genes from the domesticated fruit’s wild relatives that improve both taste and resilience during the growing process.
Thurs., August 24, 2023 — 10 PM ET | 9 PM CT | 8 PM MT | 7 PM PT
Researchers at Florida Atlantic University’s Harbor Branch Oceanographic Institute found human sewage, not fertilizer, is mainly responsible for dangerous nitrogen levels in Florida’s Indian River Lagoon.
