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FTC sues to block $25B Kroger-Albertsons deal, cites fears of grocery price hikes

The Federal Trade Commission and eight states announced Monday that they are suing to block supermarket chain Kroger’s $24.6 billion deal to buy smaller rival Albertsons, a deal that could cost millions of people more. They argued that it would push up food prices for Americans. The deal would create a grocery empire with more […]