Global

FTC sues to block merger of Ralphs owner Kroger, Vons owner Albertsons

The Federal Trade Commission said it is suing to block supermarket giant Kroger’s bid to buy its smaller rival Albertsons because the combination would obliterate competition between the major grocers, leading to higher prices and lower-quality products for millions of Americans. The regulatory agency said Monday that it authorized filing of a federal lawsuit that

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