A federal judge on Tuesday blocked the proposed $25 billion merger between Albertsons and Kroger, agreeing with the Federal Trade Commission (FTC) that the deal would undermine competition in the grocery industry.

U.S. District Judge Adrienne Nelson said that the plan put forward by the two companies to reduce grocery prices and divest more than 500 stores failed to address concerns about reduced competition in the sector and the impact it could have on consumers and workers.

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A federal judge issued a ruling that blocks the proposed $25 billion merger between Albertsons and Kroger, which critics argued would reduce competition in the grocery industry.{ai:summary}A federal judge has blocked the $25 billion merger between Albertsons and Kroger, siding with the FTC that it would harm competition in the grocery market. The judge found the companies' proposals to lower prices and divest stores insufficient to alleviate concerns. #economy

Federal judge blocks Kroger's $25B acquisition of Albertsons

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