BOOM: Judge Blocks Kroger-Albertsons Mega-Merger
Late this afternoon, Judge Adrienne Nelson issued a preliminary injunction blocking the $24 billion merger of grocery giants Kroger and Albertsons, leaving Federal Trade Commission Chair Lina Khan with yet another big litigation win. On BIG, we’ve covered this merger several times, because of its size, scale, and legal importance.Nelson had a strong opinion, echoing the FTC’s argument in challenging the merger. The commission’s logic was simple. Kroger and Albertsons, if they combine, will gain ...
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