Seven U.S. State Officials Oppose Kroger’s Proposed $24.6 Billion Acquisition of Albertsons

Officials from seven U.S. states wrote to U.S. antitrust enforcers on Wednesday to ask for Kroger’s proposed $24.6 billion acquisition of Albertsons to be stopped.

In a letter to Federal Trade Commission (FTC) Chair Lina Khan, the secretaries of state said that the deal would give a combined Kroger/Albertsons nearly a quarter of the U.S. food retail market.

“We are strongly opposed to this merger and urge you to stop this corporate consolidation that is draining Americans of their hard-earned wages and livelihoods,” wrote the secretaries of state from Colorado, Arizona, Maine, Minnesota, New Mexico, Rhode Island and Vermont.

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