The Biden Administration Soured the Kroger Albertsons Merger, But Might It Still Be Worth a Nibble?

On December 11th, 2024, Judge Adrienne Nelson, appointed by President Biden, granted the administration’s request for a preliminary injunction against a proposed merger between Kroger Co., based in Cincinnati, Ohio, and Albertsons Companies, Inc., based in Boise, Idaho. The FTC claimed the merger would result in a monopoly that would raise consumer prices. White House National Economic Council Deputy Director Jon Donenberg said, “The Kroger-Albertsons merger would have been the biggest supermarket merger in history—raising grocery prices for consumers and lowering wages for workers.” The companies subsequently terminated their merger agreement.

This article is for paid members - please login or subscribe for access.

Share: