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. The FTC charges that the proposed deal will eliminate fierce competition between Kroger and Albertsons, leading to ...
Kroger-Albertsons merger in court: 6 key takeaways
Nov 4, 2024 · The supermarket chains focused on broader industry competition. While the FTC and Washington state defined supermarkets as the relevant markets for their challenges — a definition that also included Walmart — Kroger and Albertsons wanted the judges to take a more expansive view of the industry, where competition also includes the likes of Costco, Amazon, Whole Foods Market and Trader Joe’s.
'They are all dogs.' Texts could haunt Kroger merger with Albertsons
Aug 30, 2024 · PORTLAND, Ore. − Key to winning antitrust approval of its $25 billion takeover of Albertsons, Kroger plans to sell off 579 stores to what it has described as a “strong competitor,” so there would...
Kroger-Albertsons merger could raise grocery costs, FTC ... - CBS News
Sep 22, 2024 · Grocery chains Kroger and Albertsons want to merge. It's a move Federal Trade Commission Chair Lina Khan worries could hurt customers already dealing with high food costs.
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 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.
What’s at stake as the FTC tries to kill the Kroger-Albertsons merger
Feb 27, 2024 · The Biden administration’s move Monday to try to block the $24.6 billion deal to combine Kroger and Albertsons supermarket chains came as no surprise. This White House has launched some of...
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...
FTC Sues to Block Kroger-Albertsons $24.6 Billion Grocery Store Merger …
Feb 26, 2024 · The Federal Trade Commission and several state attorneys general on Monday sued to block Kroger, the supermarket giant, from completing its $24.6 billion acquisition of the grocery chain...
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.