A federal judge in Oregon blocked Kroger's proposed $25 billion tie-up with Albertsons, ruling that the largest merger in US supermarket history would limit competition and harm consumers.
A federal judge just blocked Kroger's $24.6B acquisition of Albertsons.
Four corporations control 70% of retail grocery sales in America. Kroger and Albertsons are two of those corporations.
Less competition means more opportunity to price gouge.
This deal was a rotten egg.
