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 FTC Blocks Kroger-Albertsons Merger
In a belated but expected action on Monday 26th February, the Federal Trade Commission (FTC) initiated action to block the proposed merger (acquisition?) between The Kroger Company and Albertsons Corp. The Agency issued an Administrative Complaint to be heard by an Administrative Law Judge in addition to filing a lawsuit in the U.S. District Court in Oregon to block the transaction. The FTC was joined in the action by Attorneys General representing eight states.
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