WASHINGTON – Senator Amy Klobuchar, Chair of the Subcommittee on Competition Policy, Antitrust, and Consumer Rights, issued the following statement after a federal judge in Oregon blocked Kroger’s proposed merger with Albertsons.
“Families across the country are grappling with the price of groceries and we must ensure consumers have the benefits of robust competition - lower prices, higher quality and innovation. The bipartisan hearing I held on the proposed Kroger-Albertsons merger provided evidence that this deal could have reduced competition and thus hurt consumers and workers.”
In November 2022, Klobuchar and Senator Mike Lee (R-UT) held a Subcommittee hearing to examine the Competitive Impact of the Proposed Kroger-Albertsons Transaction.
In October 2022, Klobuchar also sent a letter to the Federal Trade Commission (FTC) urging them to investigate the proposed merger between Kroger and Albertsons, voicing concern about this transaction’s potential implications for consumers.
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