The FTC argues the proposed $24.6 billion merger between grocery giants Kroger and Albertsons could eliminate competition. Latest U.S.

The FTC’s analysis found issues with future pricing, job security and the capabilities of a company that would purchase stores across 17 states from Kroger to satisfy antitrust issues and keep ...

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 ...

In statements to The Washington Post, Albertsons and Kroger said the FTC’s lawsuit is hurting consumers and workers. “The FTC’s decision makes it more likely that America’s consumers will ...

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 Federal Trade Commission filed a lawsuit to block Kroger’s planned $24.6 billion acquisition of Albertsons. The Federal Trade Commission has filed a lawsuit Feb. 26 to block Kroger Co.’s ...

The FTC won’t comment on the Kroger-Albertsons proposal, but according to their merger review process “once both companies have substantially complied … the agency has an additional 30 days ...

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.

The FTC antitrust hearing over the proposed $24.6B mergers of Kroger and Albertsons is nearing an end. Here's a recap of each side's arguments and what to expect heading into closing arguments.

Kroger case tests FTC Chair Khan's bid to protect workers. By Jody Godoy. August 27, 2024 12:02 AM UTC Updated August 27, 2024 Item 1 of 2 New York City, May 22, 2024. REUTERS ...

Kroger sued the Federal Trade Commission on Monday, seeking to block the regulator from reviewing the grocery chain's proposed $25 billion merger with smaller rival Albertsons, calling the FTC's ...

Kroger defended its deal, saying it has reduced prices every year since 2003 and would apply its business model to the merged company. The FTC’s legal efforts “only strengthens larger, non ...