Kroger’s $24.6 billion purchase of Albertsons halted by federal judge

Kroger’s .6 billion purchase of Albertsons halted by federal judge

A federal judge on Tuesday blocked Kroger’s $24.6 billion acquisition of Albertsons, ruling that the proposed union would lessen competition for grocery shoppers.

The decision by an Oregon court found in favor of the Federal Trade Commission, which had argued the deal would violate antitrust law.

— This is a developing story.

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