As Kroger-Albertsons merger faces FTC scrutiny, state lawsuits …
Oct 7, 2024 · 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...
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’s Nearly $25 Billion Merger Is Bad for Shoppers, F.T.C. Says
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 Company/Albertsons Companies, Inc., In the Matter of
Feb 26, 2024 · The Federal Trade Commission 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, Albertsons make final pitch for their merger before judge ...
Sep 17, 2024 · Kroger and Albertsons proposed what would be the largest supermarket merger in U.S. history in 2022. The FTC alleged the merger would eliminate competition and lead to higher food prices for already struggling customers.
Kroger-Albertsons merger case: Here's what's next - USA TODAY
Sep 13, 2024 · The critical hearing in federal court into Kroger’s proposed $25 billion takeover of Albertsons will stretch into a fourth week for closing arguments.
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.
Kroger Files Motion to Enjoin the FTC's Administrative Merger …
Aug 19, 2024 · The Kroger Co. (NYSE: KR) today filed a motion for preliminary injunction in the U.S. District Court, Southern District of Ohio, against the Federal Trade Commission's (FTC) administrative proceeding challenging the company's merger with Albertson's Companies, Inc.
FTC, states challenge Kroger's $25 billion grocery merger with ...
Feb 27, 2024 · FTC, states challenge Kroger’s $25 billion grocery merger with Albertsons. The lawsuit is the latest move by the Biden administration aimed at boosting the power of consumers and workers.
FTC and 9 states sue to block Kroger-Albertsons supermarket merger
Feb 26, 2024 · U.S. regulators and nine state attorneys general are suing to stop the $24.6 billion merger of Kroger and Albertsons, the country's two largest supermarket chains. The companies have presented...