Albertsons threatens to lay off workers if merger with Kroger is blocked
Briefly

The FTC argues that the merger between Kroger and Albertsons would eliminate competition and raise grocery prices, directly impacting families struggling with high food costs.
Susan Musser, FTC's chief trial counsel, emphasized that the lawsuit aims to enable Americans to afford feeding their families, stressing the current competition in the grocery market.
Albertsons' attorney highlighted the rising competition in the grocery sector, stating that customers spend significantly at competitors like Aldi and Trader Joe's, marking a shift in consumer shopping habits.
The concerns raised by Santa Fe shoppers exemplify public wariness regarding the merger, with hundreds expressing apprehension about a combined Kroger and Albertsons dominating the supermarket landscape.
Read at Fortune
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