From Investing.com:

Unionized workers at Kroger and Albertsons are celebrating the FTC’s lawsuit to block their $24.6B merger, citing concerns over lower wages and higher prices. The UFCW, representing over 100,000 employees, has opposed the deal since its announcement in Oct. They met with officials, organized protests, and launched a website to rally opposition.

The FTC sued to block Kroger’s deal with Albertsons, citing concerns of higher grocery prices. The UFCW and its locals welcomed the lawsuit, applauding the FTC for recognizing the threats the merger would pose. Kroger and Albertsons argue that the merger would help them compete against Amazon and Walmart.

The FTC’s lawsuit reflects concerns over the impact Kroger’s acquisition of Albertsons could have on workers, food prices, and customers. The union representing workers has opposed the deal, organizing protests and meeting with officials to rally opposition. Kroger and Albertsons have promised investments to lower prices and improve stores post-merger.

State attorney generals and federal officials met with the UFCW to discuss their opposition to the Kroger and Albertsons merger, organizing protests and launching a website. The UFCW union represents hundreds of workers in Colorado and Wyoming, expressing concerns over potential wage suppression and price control by the combined grocery chain.



Read more at Investing.com: Unions praise FTC lawsuit blocking Kroger and Albertsons’ merger By Reuters