FTC Challenges Kroger’s Acquisition of Albertsons
The Federal Trade Commission today sued to block the largest proposed supermarket merger in U.S. history—Kroger Company’s $24.6 billion acquisition of the Albertsons Companies, Inc.—alleging that the deal is anticompetitive.
Kroger and Albertsons Confront a Skeptical F.T.C. in federal court ...
Aug 26, 2024 · The Federal Trade Commission, which is trying to block Kroger’s plan to acquire Albertsons, said in court that the merger of grocery giants would also hurt workers’ pay and benefits.
Kroger, Albertsons make final pitch for their merger before judge ...
Sep 17, 2024 · Kroger sued the FTC last month, however, alleging the agency’s internal proceedings are unconstitutional and saying it wants the merger’s merits decided in federal court. That lawsuit is being considered by a federal court in Ohio. Shares in both Kroger and Albertsons fell 2% in trading Tuesday.
FTC sues to block Kroger and Albertsons’ $25 billion mega-merger - CNN
Feb 26, 2024 · The Federal Trade Commission on Monday sued to block the $25 billion deal between Kroger and Albertsons, alleging the largest supermarket merger in US history would lead to higher prices,...
FTC sues to block Kroger and Albertsons merger | AP News
Feb 26, 2024 · The Federal Trade Commission on Monday, Feb. 16, 2024, sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans.
Pivotal Week Ahead in Kroger-Albertsons Case After FTC Lands …
Sep 3, 2024 · PORTLAND, Ore.—Antitrust enforcers will go for the knockout punch this week against Kroger ’s KR 1.43% planned acquisition of Albertsons ACI 3.09%, after landing several blows against the...
FTC, states challenge Kroger's $25 billion grocery merger with ...
Feb 27, 2024 · In expressing skepticism on the divestiture of hundreds of stores, the FTC and states say a bulked up C&S would be unable to compete against a combined Albertsons and Kroger. In their...
What’s at stake as the FTC tries to kill the Kroger-Albertsons deal
Feb 27, 2024 · Kroger rejected allegations that merging with Albertsons would squeeze employees, vowing to invest $1 billion post-merger to raise wages and benefits.
FTC’s Kroger-Albertsons Merger Suit Set for Trial in August
Mar 11, 2024 · The US Federal Trade Commission’s bid to block the $24.6 billion merger of supermarket giants Kroger Co. and Albertsons Cos. is headed for trial at the end of August in Oregon.
Antitrust experts: Issues in the Kroger-Albertsons merger case
Sep 15, 2024 · The FTC has countered Kroger and Albertsons are traditional “one-stop” grocers with a broader selection of goods and shouldn’t be allowed to combine because those nontraditional rivals are a ...