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.
Kroger and Albertsons Confront a Skeptical F.T.C. in federal court ...
Aug 26, 2024 · Kroger sued the F.T.C. last week, calling its judges unconstitutional in an attempt to prevent the in-house tribunal from moving forward. A lawyer for Kroger argued that the merger was needed...
Kroger’s fight against a federal agency could upend antitrust - CNN
Aug 20, 2024 · The lawsuit alleges the Federal Trade Commission is violating the US Constitution by using an in-house tribunal to challenge Kroger’s $25 billion mega-merger with Albertsons — the biggest ...
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.
FTC sues to block Kroger and Albertsons’ $25 billion mega-merger - CNN
Feb 26, 2024 · The Federal Trade Commission on Monday sued to block the $25 billion deal between Kroger and Albertsons, alleging the largest supermarket merger in US history would lead to higher prices, store...
Kroger sues FTC, calling its in-house judges unconstitutional
Aug 19, 2024 · Kroger sued the U.S. Federal Trade Commission on Monday, seeking to block the regulator from reviewing the grocery chain's proposed $25 billion merger with smaller rival Albertsons in its...
Kroger, Albertsons make final pitch for their merger before judge ...
Sep 17, 2024 · Kroger sued the FTC last month, however, alleging the agency’s internal proceedings are unconstitutional and saying it wants the merger’s merits decided in federal court. That lawsuit is being considered by a federal court in Ohio. Shares in both Kroger and Albertsons fell 2% in trading Tuesday.
What’s at stake as the FTC tries to kill the Kroger ... - NBC News
Feb 27, 2024 · The fate of the $24.6 billion deal will affect shoppers, workers and rival behemoths like Walmart. The question is how. Kroger has committed to investing $500 million to reduce prices for...
FTC’s Kroger-Albertsons Merger Suit Set for Trial in August
Mar 11, 2024 · The US Federal Trade Commission’s bid to block the $24.6 billion merger of supermarket giants Kroger Co. and Albertsons Cos. is headed for trial at the end of August in Oregon. US District Judge Adrienne Nelson on Monday ordered the trial to start Aug. 26 in Portland, and it’s expected to last two or three weeks.
Kroger, Albertsons Bracing for FTC Decision on Deal in January
Dec 14, 2023 · Kroger Co. and Albertsons Cos. are bracing for a US Federal Trade Commission lawsuit over their proposed $24.6 billion tie-up as soon as January as opposition builds against the supermarket...