Albertsons and Kroger CEOs testify in pivotal trial over $24.6 billion merger

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The heads of Albertsons and Kroger took the stand today in a trial that will decide if a massive merger between the two companies can move forward.

If allowed to continue, it would be the largest supermarket merger in U.S. history but there have been multiple legal challenges, and the case is also in federal court as authorities decide whether or not the merger is legal.

In the latest turn of a legal battle to determine if Kroger and Albertsons can forge ahead with a planned $24.6 billion merger the CEOs of both grocers took the stand Monday to make their case.
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Lynnanne Nguyen

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Nah, this would create a monopoly. This should not be allowed!

VincentMcmanus.
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They are both criminals, keep them a part and charge them under RICO!

MaddogMike-
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No problem, trust the corporations.. they will lower prices on day one. 😂🤣😂 Right.

lancelotdufrane
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This will allow the combined company to price gouge the consumer more than they already are.

phukhu
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Do not allow. President Biden please direct the Judiciary to intervene invoking anti trust provisons in rule of law. I Arizona it will be Walmart vs Albertsons with a minor player (Basha's) already suffering. This is a cout de tat !!

Taphfy
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Greed is all this is about, raise our prices and cut hours .

robertaoneill
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43 million is the CEO BONUS if the merger goes thru.

hopemanley
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Mergers always mean mass layoffs and reduced pay to employees

nunya
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We already have food deserts all over western Washington

missmoneypenny
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I DO NOT WANT digital pricing or surge pricing or discriminatory price fixing! 😮

caliopeknows
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Keep cutting Corporate Taxes. Keep cutting taxes of millionaires and billionaires. Trickle down effect is real!

Prague
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If we remove more competition, the prices drop. See?

ebf