Playing Against Khan Is A Rigged Game; Kroger, Albertsons Seek New Venue To Continue Battle
An analysis of the recent decision, as well as Ahold Delhaize news…
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The Federal Trade Commission, led by Chair Lina Khan, formally blocked the proposed $24.6 billion merger between Kroger and Albertsons.
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Labor groups including the United Food and Commercial Workers International Union argued the ruling ultimately strengthens rivals like Walmart, Amazon and Costco.
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Separately, Ahold Delhaize reported mixed Q4 results, while selling its two U.S. meat plants to Cargill and expanding delivery partnerships with DoorDash.
