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US DOJ Backs Colorado's Effort to Block Kroger-Albertsons Merger
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US DOJ Backs Colorado's Effort to Block Kroger-Albertsons Merger
May 7, 2024 11:41 AM

02:17 PM EDT, 05/07/2024 (MT Newswires) -- The US Department of Justice has thrown its support behind Colorado's bid to block the merger of Kroger ( KR ) and Albertsons ( ACI ) .

"The United States respectfully submits this brief ... to explain that [Kroger's ( KR ) and Albertsons' ( ACI )] motion to dismiss misunderstands the respective roles of federal and sate antitrust enforcement," the DOJ said in a Friday filing with the Colorado court overseeing the case that was made public Tuesday. "[Kroger ( KR ) and Albertsons ( ACI )] are incorrect to categorically assert that Colorado's lawsuit undermines the dual antirust enforcement regime set forth in the federal antitrust laws and parallel state laws."

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