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3 days ago · The Federal Trade Commission sued early this year to stop the merger the two companies proposed in Oct. 2022 after Kroger agreed to purchase Albertsons. The commission alleged the deal would eliminate competition and lead to higher food prices for already struggling consumers.. Kroger, based in Cincinnati, Ohio, operates 2,800 stores in 35 states, including brands like Ralphs, Smith’s and ...
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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.
3 days ago · 0:00. 1:44. In the highest-profile testimony over Kroger ’s proposed $25 billion takeover of Albertsons, the CEOs of both companies defended the merger’s merits and hinted at dire consequences ...
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.
Aug 26, 2024 · The Federal Trade Commission, which is trying to block Kroger’s plan to acquire Albertsons, said in court that the merger of grocery giants would also hurt workers’ pay and benefits.
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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.
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...
Feb 26, 2024 · The Federal Trade Commission 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.
Jan 15, 2024 · The proposed merger will eliminate head-to-head competition between the two largest grocery operators in the state. Ferguson’s lawsuit details that QFC — which is owned by Kroger — considers Safeway/Albertsons as its main competitor in the Seattle area.
Jan 15, 2024 · Washington state has sued to block the proposed merger of Kroger and Albertsons, two of the nation's largest grocery chains. Attorney General Bob Ferguson filed the lawsuit Monday in King County Superior Court.
