Kroger Co snapped up Albertsons Cos Inc in a $25bn deal on Friday, creating a US grocery behemoth to better compete with leader Walmart Inc on prices while bracing for antitrust scrutiny.The mega-merger between the Number 1 and 2 standalone grocers in the United States will bring under one roof nearly 5,000 stores that include banners such as Albertsons’ Safeway and Kroger-owned Ralphs and Fred Meyer.The deal could, however, stifle competition and lead to higher prices for American shoppers already grappling with this year’s surge in inflation, according to some analysts.
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