But the FTC could look very different under President-elect Donald Trump. What does that mean for the Kroger-Albertsons merger going forward?

Albertsons on Wednesday terminated its $25 billion bid to merge with Kroger after courts blocked the deal and sued its rival, alleging a breach of contract that led to the deal's demise. The formal termination ends a two-year long effort by the chains to combine that regulators argued would lead to higher prices for shoppers.

Kroger's $24.6 billion acquisition of Albertsons was blocked by a federal judge. Lawyers for the companies previously said this would sink the deal.