Senate Judiciary to hold hearing on Kroger-Albertson merger
|Sen. Amy Klobuchar, D-Minn., chairwoman of the Senate Judiciary Competition Policy, Antitrust and Consumer Rights Subcommittee, and Sen. Mike Lee, R-Utah, ranking members on the committee, have announced they will hold a hearing in November on the proposed merger of Kroger and Albertsons, which they described as “the two largest grocery chains in the country.”|
“As the chair and ranking member of the Subcommittee on Competition Policy, Antitrust, and Consumer Rights, we have serious concerns about the proposed transaction between Kroger and Albertsons,” they said in a joint announcement. “The grocery industry is essential, and we must ensure that it remains competitive so that American families can afford to put food on the table. We will hold a hearing focused on this proposed merger and the consequences consumers may face if this deal moves forward.”
Klobuchar and Lee have not announced a date for the hearing.Grocery Dive published a detailed analysis of the proposed merger.
Ag & Politics