DOJ Backs Antitrust Lawsuit Against Kroger-Albertsons Merger

The American grocery industry faces a roadblock in the proposed $24.6bn merger between Kroger and Albertsons.

The US Department of Justice (DOJ) has sided with the state of Colorado in its lawsuit against the deal, indicating a potential hurdle for the companies, Bloomberg reported.

Colorado filed a separate lawsuit in its state court, arguing the merger would harm competition and negatively impact residents.

Read more at Retail Insight Network