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In 2022, The Kroger Co., one of the largest grocery retailers in the U.S., announced its intention to merge with rival Albertsons Cos. Inc. in a $24.6 billion deal. Kroger and Albertsons claim that the merger will lower consumer prices and improve efficiency while creating a combined entity better positioned to compete against the likes of Walmart Inc., Costco Wholesale Corp. and Amazon.com Inc.
However, the Federal Trade Commission has moved to block the deal, citing concerns that it could stifle competition under antitrust laws, increase prices and lead to adverse consequences for grocery store workers.
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