Elizabeth Warren and Bernie Sanders want to block a Kroger-Albertsons grocery empire – By Nathaniel Meyersohn (CNN Business) / Oct 19, 2022
New York CNN Business — The proposed $25 billion Kroger-Albertsons grocery giant merger is already running into significant opposition from progressive lawmakers and others.
Sen. Elizabeth Warren of Massachusetts on Wednesday called on the Federal Trade Commission to block the deal. “More mergers and less competition would mean even higher prices—and layoffs for employees,” Warren said on Twitter.
Sen. Bernie Sanders of Vermont has also urged the regulators to reject the deal. And the Senate Judiciary’s antitrust subcommittee announced Tuesday that it will hold a hearing next month to scrutinize the merger.
“We have serious concerns about the proposed transaction between Kroger and Albertsons,” Senators Amy Klobuchar of Minnesota and Mike Lee of Utah said in a joint statement. “We will hold a hearing focused on this proposed merger and the consequences consumers may face if this deal moves forward.”
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