Source: CNBC
U.S. senators who scrutinize antitrust issues expressed “serious concerns” about grocery company Kroger’s plan to buy rival Albertsons, and said they would hold a hearing next month on the $25 billion deal.
The announcement by Democratic Senator Amy Klobuchar, chair of the Senate Judiciary Committee antitrust panel, and Republican Senator Mike Lee confirmed a previous report by Reuters.
A Kroger spokesperson said the company looked forward to the hearing. “We welcome the opportunity to outline how this transaction will benefit America’s consumers by expanding access to fresh, affordable food,” the company said in a statement.
