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Judge Blocks Kroger-Albertsons Merger Over Antitrust Concerns
A federal judge blocked Kroger's $25 billion merger with Albertsons, citing anti-competitive concerns and potential harm to consumers, rejecting the companies' argument that the merger would lower prices and enhance their position against non-union competitors like Walmart and Amazon.
Judge Blocks Kroger-Albertsons Merger Over Antitrust Concerns
A federal judge blocked Kroger's $25 billion merger with Albertsons, citing anti-competitive concerns and potential harm to consumers, rejecting the companies' argument that the merger would lower prices and enhance their position against non-union competitors like Walmart and Amazon.
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