FTC, states challenge Kroger’s $25 billion grocery merger with Albertsons

The lawsuit is the latest move by the Biden administration aimed at boosting the power of consumers and workers.

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CEI’s Jessica Melugin is cited in Politico on the FTC and states challenging Kroger’s merger with Albertsons:

Not everyone is supportive of the FTC’s case. “The idea that this market is uncompetitive is preposterous. Recent years have seen Amazon with its Whole Foods and Walmart enter the competition, not just as additional players but with innovations like home delivery or curbside pick-up,” said Jessica Melugin with the right-leaning Competitive Enterprise Institute. “The FTC using its limited resources to block this merger is purely ideological and of no benefit to consumers, already struggling with food costs.”

Read the full article on Politico.