ICYMI: Following Rosen Push, FTC Sues To Block Grocery Store Mega Merger

WASHINGTON, DC – Earlier this week, U.S. Senator Jacky Rosen (D-NV) announced that, at her urging, the Federal Trade Commission (FTC) had sued to block the Kroger-Albertsons grocery store mega merger because it could reduce competition and further raise grocery prices. In December, she sent a letter calling on FTC Chair Lina Khan to review and consider blocking this mega merger over concerns that it would increase food prices.

Nevada Independent: Nevada joins federal lawsuit to block Kroger-Albertsons merger

Key Points:

  • Nevada has joined a lawsuit filed by the Federal Trade Commission (FTC) and seven other states to block the proposed merger of major grocery store chains Kroger and Albertsons over its impact on consumers and employees.
  • Sen. Jacky Rosen (D-NV), who asked the FTC in December to consider blocking the merger, said in a statement on Monday that she was “glad to see the FTC take steps at my urging to block this mega merger and protect families from even higher prices.”

KTNV Las Vegas: Following Rosen push, FTC sues to block grocery store mega merger

Anchor: “She says less grocery companies in the valley could impact many of us.”

Senator Rosen: “We all know that when you reduce competition, what happens? The prices go up. So when you only have one grocery store, they’re the only game in town. They can charge whatever they want.”

Shopper: “Any time they try to make a monopoly out of everything, it destroys our freedom of choice.”

KOLO Reno: Following Rosen push, FTC sues to block grocery store mega merger

Anchor: “One of Nevada’s senators is speaking out against the proposed merger between two of the country’s largest grocery chains. The Federal Trade Commission has filed a suit to block Albertsons and Kroger from combining. The proposed $24.6 billion deal is the largest supermarket merger in U.S. history. Senator Jacky Rosen says allowing the merger could reduce competition and raise grocery prices. Americans are spending 26 percent more on groceries since 2020.”

Senator Rosen: “It’s going to limit competition for regular families. And we all know that when you only have one game in town, or one store to shop from, they can charge you whatever they want, and everyone needs groceries to live. And so it’s really important that this merger is blocked.”

KTVN Reno: Following Rosen push, FTC sues to block grocery store mega merger

Anchor: “As we’ve been reporting, the Federal Trade Commission, or the FTC, says it’s going to sue to block the merging of Kroger and Albertsons grocery stores. This comes after Senator Jacky Rosen says she pushed the FTC to consider blocking the merger, over concerns that combining the two stores would decrease competition, thus possibly increasing food costs.”

Senator Rosen: “Am I gonna take big corporations at their word when they say they wanna merge and they’re gonna make it better for the consumer, when they’re gonna give you less choice and less competition? I say it doesn’t take an expert to think maybe we shouldn’t take them at their word. That’s why the FTC is suing to block this merger.”