News
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.
Kroger said in a Monday statement the feds and the states have it wrong: "Blocking Kroger’s merger with Albertsons companies will actually harm the very people the FTC purports to serve: America ...
The FTC also makes another argument that combining Kroger and Albertsons will hurt union workers because they would no longer be able to make the two companies compete for their labor.
Hosted on MSN10mon
Who could win in Kroger's regulatory battle with the FTC over ... - MSNPORTLAND, 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.
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 ...
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.
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 ...
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.
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 ...
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 ...
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 ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results