Kroger’s $25 billion proposed takeover of rival Albertsons ultimately failed because two judges – one federal and the other from the state of Washington – didn’t buy the competitive vision the grocers were trying to sell,

The Rural Blog The planned $20 billion merger between Kroger and Albertsons was blocked by a federal judge who “agreed with the Federal Trade Commission’s argument that Kroger would become the dominant player in traditional supermarkets if allowed to add nearly 2,

The grocery store operators had said they’d be able to cut prices by combining, but regulators and courts disagreed. Now they’re investing in stock buybacks.