Grocery consumers sue to block Kroger’s $25 bln buy of Albertsons

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Grocery consumers sue to block Kroger’s $25 bln buy of Albertsons
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A private lawsuit filed in California on Thursday seeks to stop Kroger Co's planned $25 billion purchase of rival Albertsons Companies Inc , a deal that state attorneys general, consumer groups and some U.S. lawmakers have questioned as harmful to competition in the grocery market.

A representative for Albertsons declined to comment on Friday, and a Kroger spokesperson did not immediately respond to a message seeking comment.

U.S. antitrust law lets private consumers sue over proposed mergers and acquisitions, apart from any enforcement action brought by a state or federal agency policing competition laws. The lawsuit also said it seeks to force the disgorgement of a $4 billion dividend that Albertsons paid to shareholders after

A federal judge in Washington, D.C., separately declined to issue a preliminary injunction blocking the dividend.

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