One of America's top regulators has criticized past supermarket mergers. Before being tapped as FTC chair, Lina Khan authored a report that labeled the 2015 Albertsons takeover of Safeway “a spectacular failure.'
to stop an investor payout that’s part of the transaction. But state officials could ultimately sue to block merger, Bartholomew said.
The combined new Kroger is expected to divest 100 to 375 stores to mollify the antitrust concerns of regulators, in a move similar to that criticized in Khan's paper. The divested stores would be spun out into a separate company that would be owned by current Albertsons' investors.
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