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Kroger and Albertsons saw their $24.6 billion merger blocked on Tuesday by judges in two separate cases, one brought by federal regulators and the other by the Washington state attorney general.
PORTLAND, Ore. – Who will win the ruling in a critical hearing in Kroger’s $25 billion bid to takeover Albertsons, which is being challenged by antitrust regulators at the Federal Trade ...
“Kroger and Albertsons are also arguing that they’re not just competing against each other, they’re competing as Trader Joe’s, Amazon and the like,” said Manesh of the UO law school.
Here's a line from the FTC. "Kroger and Albertsons are the two largest employers of union grocery labor in the United States. In many states, they both negotiate with the same local unions.
Citing an anonymous "source close to the FTC's thinking," Kroger, Albertsons and the regulator had a previously-disclosed Jan. 17 "timing agreement" that no party would take action on the merger ...
Kroger and Albertsons say their merger will help them compete against rivals like Costco. But antitrust regulators from the FTC say the merger would eliminate competition and raise grocery prices.
A spokesperson for the FTC declined to comment. In the fall of 2022, as Kroger pushed for the merger, the Cincinnati-based grocer pledged to "invest" $500 million to lower grocery prices.Last week ...
Kroger and Albertsons want to complete the biggest supermarket merger in U.S. history, but an agency tasked with consumer protection is trying to put a stop to it. The Federal Trade Commission ...
In August, the Federal Trade Commission (FTC) made a motion for a preliminary injunction against the proposed $24.6 billion merger of Kroger and Albertsons, two of the largest supermarket chains ...
The FTC lawsuit to block the Albertsons-Kroger merger went to trial on Monday, with the agency arguing the deal undermines competition and the companies saying it will help consumers.
FTC Chief Trial Counsel Susan Musser urged US District Judge Adrienne Nelson on Monday to pause the deal, saying in opening statements that it would result in Kroger “swallowing” Albertsons. 4 ...
The FTC, meanwhile, argues the acquisition is actually anticompetitive because Kroger and Albertsons are direct supermarket competitors. The politics surrounding the merger are a bit jumbled for ...