(ONN) – The grocery mega-merger between Cincinnati-based Kroger and Albertsons is dead after two courts rejected the merger based on anti-trust and competition concerns.
One was a permanent injunction from a judge in Seattle.
In addition to the competition issue, the judge said the merger would violate the state of Washington’s consumer protection laws.
Albertsons is now suing Kroger claiming Kroger did not do the diligence necessary to secure regulatory approval for the merger valued at almost $25 billion dollars.