Chief executives of the two largest U.S. supermarket chains, Kroger and Albertsons, stood before members of the Senate Subcommittee on Competition Policy, Antitrust and Consumer Rights on Tuesday to defend a proposed $20 billion merger.
Rodney McMullen, chairman and CEO of The Kroger Co., told committee members, chaired by Sen. Amy Klobuchar, D-Minn., that the merger would "bring together two complementary organizations to establish a national footprint, allowing us to expand our customer reach and improve proximity to deliver fresh and affordable food."
