President Joe Biden is set to block a $14.1 billion deal to sell US Steel to Japan’s Nippon Steel on national security grounds. The decision comes after a federal judge also blocked Kroger’s acquisition of Albertsons, a move that critics say protects competition in the grocery market and prevents price hikes.
Source: https://www.bloomberg.com/news/newsletters/2024-12-10/us-steel-nippon-and-kroger-s-albertson-mergers-both-blocked