US FTC suing to block $25-B Kroger-Albertsons supermarket deal

WASHINGTON  —The U.S. Federal Trade Commission and eight states said on Monday they are suing to block supermarket chain Kroger’s $24.6 billion deal to buy smaller rival Albertsons, saying it would boost grocery prices for millions of Americans. The deal, which would create a grocery empire with more than 4,000 stores, has drawn tough scrutiny Read The Rest at :