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(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 ...
Kroger’s plans to buy its grocery rival Albertsons hit a major roadblock Tuesday, when a federal judge put a halt to the deal, which would be the largest supermarket merger in U.S. history. The ...
How big would Kroger get if the merger went through? Cincinnati-based Kroger proposed to buy all outstanding shares of Boise, Idaho-based Albertsons, adding most of its 285,000 employees and ...
Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal. The merger, announced in 2022, sought to combine the fifth and tenth ...
A federal judge in Oregon has blocked the megamerger of grocery giants Kroger and Albertsons from moving forward, delivering a win for antitrust hawks and the Federal Trade Commission.
This merger would have created one of the largest grocery store chains in the US, combining nearly 5,000 stores and employing approximately 700,000 people. [2] In February 2024, the Federal Trade Commison (FTC) filed a lawsuit to block the merger stating the deal would raise prices, lower quality, limit choices for consumers, and harm workers. [3]
A federal judge on Tuesday blocked the proposed $25 billion merger between Albertsons and Kroger, agreeing with the Federal Trade Commission (FTC) that the deal would undermine competition in the ...
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.