HomeLifestyleFood & BeverageFTC: Kroger (KR)-Albertsons (ACI) Merger Would Raise Grocery Prices

FTC: Kroger (KR)-Albertsons (ACI) Merger Would Raise Grocery Prices

The FTC is suing to block Kroger’s (KR) acquisition of grocery rival Albertsons (ACI). Renita Young discusses this as the FTC says that the merger would raise grocery prices for consumers. Kroger highlights that the FTC decision strengthens Walmart (WMT), Costco (COST), and Amazon (AMZN). Tune in to find out more about the stock market today.

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26 Feb 2024

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