New York — The proposed $25 billion Kroger-Albertsons grocery giant merger is already running into significant opposition from progressive lawmakers and others.
Sen. Elizabeth Warren of Massachusetts on Wednesday called on the Federal Trade Commission to block the deal. “More mergers and less competition would mean even higher prices—and layoffs for employees,” Warren said on Twitter.
Sen. Bernie Sanders of Vermont has also urged the regulators to reject the deal. And the Senate Judiciary’s antitrust subcommittee announced Tuesday that it will hold a hearing next month to scrutinize the merger.
To read the rest of the story, please go to: CNN Business