WASHINGTON (Reuters) – Seven U.S. states on Wednesday told federal regulators they opposed to Kroger Company’s proposed $24.6 billion acquisition of Albertsons Companies, saying competition was already tight in the grocery sector.
“The merger would result in Kroger-Albertsons controlling nearly a quarter of the entire U.S. food retail market – a significant consolidation of the already limited competition within the market,” their secretaries of state wrote in a letter to Federal Trade Commission Chair Linda Khan.
(Reporting by Jasper Ward; editing by Susan Heavey)
