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Expert Analysis

How Lucia, Jarkesy Could Affect Grocery Merger Challenge

By Zack Kobrin, James Morsch and Brian Drockton ( September 26, 2024, 5:15 PM EDT) -- In 2022, The Kroger Co. , one of the largest grocery retailers in the U. S. , announced its intention to merge with rival Albertsons Cos. Inc. in a $24. 6 billion deal. Kroger and Albertsons claim that the merger will lower consumer prices and improve efficiency while creating a combined entity better positioned to compete against the likes of Walmart Inc. , Costco Wholesale Corp. and Amazon. com Inc. . . .

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