FTC challenges Kroger-Albertsons merger, citing risks to consumer choice
There's a lot at stake in a federal courtroom in Portland as a judge hears arguments for and against the Albertsons - Kroger grocery store merger plan.
The Federal Trade Commission is working to stop the merger, arguing that it will be bad for consumers. Both sides delivered opening statements on Monday in a packed courtroom presided by U.S. District Judge Adrienne Nelson.
FTC Chief Trial Counsel Susan Musser said the merger would result in Kroger "swallowing" Albertsons.
Kroger attorney Matthew Wolf said the merger would immediately lower some prices for shoppers at Albertsons, where prices are now 10-12% higher than at Kroger stores. Albertsons and Kroger have also argued the merger will help them compete against Costco and Walmart.
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Denise Whitaker
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