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Kroger

Kroger aims to be America's grocery store. The Biden administration may have other ideas

Alexander Coolidge
Cincinnati Enquirer

Two colliding forces may control where millions of Americans shop for groceries in the coming years: Kroger, and a team of Biden administration lawyers.

Six months after Kroger proposed one of the largest retail takeovers in history, regulators remain silent on whether they will permit or fight the $25 billion merger with rival grocer Albertsons.

Antitrust experts say the Federal Trade Commission may ultimately go to court to halt the deal. They note the acquisition was unveiled months after the Biden administration vowed tougher regulatory scrutiny of big mergers as it seeks to protect both consumers and workers.

Kroger operates grocery retail stores under many banners.

Kroger’s bid is a huge deal: Just shy of a $28 billion merger in 2016 of two European chains that included 2,000 stores in the U.S., the proposal will likely have a bigger impact on America. The proposal would create a network of nearly 5,000 stores in almost every U.S. state and give it more than 700,000 workers – more than the U.S. Postal Service.