Although a court decision could still be weeks away, Wall Street analysts and investors are predicting the deal with Albertsons won’t get approved.
Antitrust experts weighed in on key arguments and revelations from three weeks of testimony and legal maneuvering.
The critical hearing in federal court into Kroger’s proposed $25 billion takeover of Albertsons will stretch into a fourth ...
Key Takeaways The legal battle over the Federal Trade Commission's efforts to halt the $24.6 billion Kroger-Albertsons merger ...
The federal agency’s attorneys highlighted how the deal would impact local communities while the grocers’ lawyers said the agency was out of touch with the realities the industry and shoppers face.
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Kroger and Albertsons shares closed lower Tuesday after lawyers for the Federal Trade Commission (FTC) gave closing arguments ...
Kroger argued its merger with Albertsons would lead to immediately lower prices for consumers, but the Federal Trade ...
The largest ever supermarket merger was first proposed in October, 2022. Kroger announced that it planned to buy rival ...
The FTC pushed back on claims that the merger would create lower prices for consumers and benefit the workforce.
Whether a proposed merger between two of the nation’s largest grocery store retailers will happen could be decided soon, as a ...