WA attorney general sues to block Kroger, Albertsons merger

Washington state has asked a judge to block a proposed merger between Kroger and Albertsons, arguing that the $25 billion deal would harm consumers and raise prices in a state where the two retailers account for more than half of all grocery sales. The suit, filed Monday morning in King County Superior Court, appears to be the first formal move by state or federal regulators to halt the acquisition of Albertson, which owns Safeway and Haggen, by Kroger, which owns QFC and Fred Meyer. “This merger of the two largest...