Despite earlier predictions that the Albertsons-Kroger merger would be completed during the first quarter of 2024 it is now evident that the transaction will be delayed until the second half of this year at the earliest. The FTC has yet to rule on the merger with a previously scheduled decision in mid-December delayed until February. The lawsuit filed by Washington State Attorney General Bob Ferguson is a further complication. This filing may be reflected by similar action in mid-Atlantic and western states by Attorneys General seeking reelection.
Kroger has offered benefits to workers and has committed to recognizing unions currently opposed to the transaction.
The merger would create a powerful force with strong leverage over suppliers that will inevitably be to their determent.