Big Law

U.S. Judge Once Again Rejects Shoppers’ Lawsuit Over Kroger’s Deal for Albertsons

A U.S. judge on Wednesday dismissed a consumer lawsuit that claimed Kroger’s KR.N proposed $24.6 billion acquisition of grocery chain operator Albertsons ACI.N would diminish competition and drive up prices.

U.S. District Judge Vince Chhabria in San Francisco faulted the plaintiffs for not providing “enough information about their own situations” to adequately allege the merger would harm them. A group of 24 consumers first filed the antitrust lawsuit in February.

Chhabria’s ruling was the second time he rejected the plaintiffs’ case. Still, he said he will give the consumers another chance to refile the lawsuit.

Read the source article at Nasdaq

Back to top button