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Such a move stops the clock for any regulatory deadlines to decide whether to approve or fight a proposed merger. Kroger disclosed in December 2022 that the FTC had made a second request and has ...
PORTLAND, Ore. – After more than a week of the Federal Trade Commission’s antitrust case against Kroger’s $25 billion bid to take over rival Albertsons, you might wonder what it’s like in ...
Allowing Kroger and Albertsons to merge would curtail grocery industry competition, giving the combined entity more market power at a time food store prices remain elevated, according to the FTC ...
(Reuters) -A U.S. judge blocked the pending $25-billion merger of U.S. grocery chains Kroger and Albertsons on Tuesday, in a win for the Federal Trade Commission that Kroger has said would likely ...
The largest proposed grocery store merger in U.S. history is going to court. On one side are supermarket chains Kroger and Albertsons, which say their planned merger will help them compete against ...
The FTC plainly sees the Albertsons-Kroger merger as a key battle in its campaign. It would be the largest supermarket in U.S. history, concocted by the largest and second-largest such chains ...
A federal judge in Oregon blocked Kroger’s proposed $25 billion tie-up with Albertsons, ruling that the largest merger in US supermarket history would limit competition and harm consumers.
In February, the FTC sued to block the $25 billion deal between Kroger and Albertsons that was announced in 2022. The agency argued the merger would lift prices, shut stores and wipe out jobs.