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Grocer group urges more protections from US Congress, FTC after Kroger decision

( December 11, 2024, 16:28 GMT | Official Statement) -- MLex Summary: The National Grocers Association used yesterday's block of Kroger's $24.6 billion acquisition of Albertsons to request more antitrust protections from Congress and the US Federal Trade Commission. "Main Street America has been decimated over the years, losing locally owned grocery stores, pharmacies, and hardware stores. Antitrust laws provide important guardrails to help keep markets free and open, but when enforcers fail to do their jobs, the system breaks down and our communities suffer. Now, it is time for Congress and the FTC to enforce and strengthen antitrust protections to ensure a fair marketplace for independent grocers and their customers,” President and Chief Executive Greg Ferrara said.See full release below....

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