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WEKU
WEKU
Business
Alina Selyukh

FTC and 9 states sue to block Kroger-Albertsons supermarket merger

Albertsons Kroger FTC The Federal Trade Commission Walmart Cs Safeway
Kroger first announced its plans to buy Albertsons in October 2022. (Rogelio V. Solis/AP)

U.S. regulators and nine state attorneys general are suing to stop the $24.6 billion merger of Kroger and Albertsons, the country's two largest supermarket chains.

The companies have presented the deal as existential to surviving in the grocery business today. But the lawsuit, filed in federal court in Oregon on Monday, says it's anticompetitive.

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