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Antitrust Regulators Should Reject the Kroger/Albertsons Merger

Kroger announced it is merging with Albertsons in a $24.6 billion deal, creating one of the largest grocery store chains in the U.S. with nearly 5,000 stores. Robert Weissman, president of Public Citizen, released the following statement:

"With food prices rising, the last thing Americans need is a supermarket merger that will spike food prices even further. Rejecting this merger proposal should be a no-brainer for federal antitrust officials."

WASHINGTON

Kroger announced it is merging with Albertsons in a $24.6 billion deal, creating one of the largest grocery store chains in the U.S. with nearly 5,000 stores. Robert Weissman, president of Public Citizen, released the following statement:

"With food prices rising, the last thing Americans need is a supermarket merger that will spike food prices even further. Rejecting this merger proposal should be a no-brainer for federal antitrust officials."

Public Citizen is a nonprofit consumer advocacy organization that champions the public interest in the halls of power. We defend democracy, resist corporate power and work to ensure that government works for the people - not for big corporations. Founded in 1971, we now have 500,000 members and supporters throughout the country.

(202) 588-1000