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Forbes
Forbes
10 Dec 2024


A federal judge blocked a $24.6 billion merger between Kroger and Albertsons on Tuesday, ruling against the merger over concerns it would lessen competition in the supermarket sector.

In this photo illustration, The Kroger Co. logo is seen

The preliminary injunction was issued Tuesday. (Photo Illustration by Igor Golovniov/SOPA ... [+] Images/LightRocket via Getty Images)

SOPA Images/LightRocket via Getty Images

U.S. District Judge Adrienne Nelson issued a preliminary injunction, according to multiple outlets, siding with the Federal Trade Commission, which sought to block the deal over concerns Kroger would become too dominant with its acquisition of Albertons, a food and drug retailer with more than 2,200 stores in the U.S.

This is a developing story. Check back for updates.