Article 6QYBZ Kroger-Albertsons merger will increase costs for shoppers, says FTC chair

Kroger-Albertsons merger will increase costs for shoppers, says FTC chair

by
Ramon Antonio Vargas
from US news | The Guardian on (#6QYBZ)

Lina Khan made remark on largest-ever US grocery merger, which FTC is seeking to block, on CBS's 60 Minutes

The chairperson of the US's Federal Trade Commission has warned that the largest-ever planned grocery merger would increase costs for everyday shoppers despite promises to the contrary by those at the center of the $24.6bn deal.

Lina Khan made the remarks on Sunday on CBS's 60 Minutes while discussing plans for Kroger and Albertsons to merge, something that the FTC is seeking to block.

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