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In defending the merger, Kroger said last week that it would yield lower prices for ... "The FTC's report examining U.S. grocery supply chains finds that dominant firms used this moment to come ...
Why did the FTC sue to block the Kroger-Albertsons merger? The FTC filed the antitrust lawsuit because regulators believe ... If the Albertsons merger is approved, Kroger says it will invest $1.3 ...
As part of the merger, Kroger and Albertsons proposed divesting hundreds of stores to a company called C&S Wholesale Grocers in order to maintain a competitive market. ... The FTC had voted 3-0 in ...
Even if they merge, Kroger and Albertsons would still only account for 9 percent of overall grocery sales, as C. Jarrett Dieterle has noted in Reason, belying the FTC's concerns that the merger ...
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 ...
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 ...
In February 2024, the Federal Trade Commission (FTC) filed a lawsuit to block the merger stating the deal would raise prices, lower quality, limit choices for consumers, and harm workers. [3] In December 2024, a U.S. District Judge agreed with the FTC, that the merger would risk reducing competition at the expense of both consumers and workers.
The FTC has been granted a temporary restraining order blocking the merger from taking place while regulators seek the preliminary injunction. Kroger and Albertsons agreed to the routine measure.