Federal judge officially blocks proposed 25 billion grocery chain mega-merger

Federal judge officially blocks proposed 25 billion grocery chain mega-merger- A federal judge in Oregon has officially blocked the proposed merger between grocery store chains Kroger and Albertson’s, in a decision that’s being celebrated by advocates for curbing grocery prices.CNN reported Tuesday that had the merger been approved, it would have allowed the fifth and tenth largest retailers in the United States to form a behemoth corporation that activists say would have led to even higher food prices. Collectively, the companies already own various regional grocery chains across the country including Safeway, Vons, King Soopers, Fry’s, Harris Teeter and Fred Meyer…

Source: alternet.org