© Reuters. Traders work as screens display the trading information for Kroger Co and Albertsons Cos Inc. on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2022. REUTERS/Brendan McDermid
WASHINGTON (Reuters) – U.S. senators who scrutinize antitrust issues expressed “serious concerns” about grocery company Kroger (NYSE:) Co’s plan to buy rival Albertsons Cos Inc, and said that they would hold a hearing on the $25 billion deal.
U.S. Senators Amy Klobuchar, chair of the Senate Judiciary Committee antitrust panel, and Mike Lee, the panel’s top Republican, said that the hearing would take place in November.
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