Colorado has initiated legal action in Denver District Court to prevent the merger between Kroger and Albertsons, a deal valued at approximately $25 billion. The state's Attorney General, Phil Weiser, expressed hope that this antitrust lawsuit would encourage the Federal Trade Commission (FTC) to consider filing its own suit against the merger. Kroger has responded to the controversy by stating that the merger would lead to lower prices and improved stores for consumers. This legal challenge marks Colorado as the second state to oppose the merger on the grounds of antitrust concerns.
Colorado files lawsuit to block Kroger-Albertsons merger https://t.co/N37GPe5CwN
Kroger/Albertsons: Colorado AG Considering Separate Lawsuit to Block Supermarket Deal $ACI $KR H/t @saniya_rao & @jbliss1987 https://t.co/yaaIrAnBz9
Colorado sues to stop $25 billion Kroger-Albertsons merger https://t.co/ooZRNiyZnS https://t.co/Y3hoqd7U1i
The suit was filed in Denver District Court and could stop the proposed $24.6 billion merger. https://t.co/a7AURuryyq
"Kroger: Controversial Albertsons merger means lower prices and better stores." (via @azmoneynews) https://t.co/oHvrB548VC
⚠️ COLORADO SUES TO STOP $25 BILLION KROGER-ALBERTSONS MERGER Full Story → https://t.co/P7YYI3cOWI
Colorado sued to block Kroger's $24.6 billion acquisition of Albertsons in state court, becoming the second state to challenge the deal https://t.co/0D3j6HKoA1
Colorado's attorney general is suing to block Kroger's $24.6 billion merger with Albertsons. https://t.co/3AeavyC3IA
AGs in CO and WA are jumping in front of @FTC and @linakhanFTC to sue over Kroger-Albertsons merger. Colorado AG Phil Weiser today says he hopes his antitrust suit gives FTC more reason/info to file its own suit
Kroger pledges to lower prices for consumers when its planned merger with Albertsons closes $KR $ACI https://t.co/8nHoZMvC4V