Kroger and Albertsons announce plans to offload hundreds of locations

The transcript discusses a proposal where over 500 stores, six distribution centers, and a dairy plant are to be transferred to CNS Wholesale Grocers in a $25 billion deal. Despite not being approved by regulators, companies are moving forward with the plan. The Federal Trade Commission (FTC) has filed a lawsuit to halt the deal, arguing it would harm supermarket competition and increase grocery prices.

According to the FTC, how will the deal affect supermarket competition?

What potential impact on grocery prices does the FTC claim the deal will have?