FTC, states sue to block the largest grocery merger in U.S. history between Kroger and Albertsons
The Federal Trade Commission (FTC) 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 ...
FTC: Kroger (KR)-Albertsons (ACI) Merger Would Raise Grocery Prices
The FTC is suing to block Kroger's (KR) acquisition of grocery rival Albertsons (ACI). Renita Young discusses this as the FTC says that the merger would raise grocery prices for consumers.
Kroger-Albertsons merger fight may impact 2024 election
A Biden administration bid to block supermarket chain Kroger's $24.6 billion deal to buy rival Albertsons may have outsized impact in two inflation-weary 2024 election battleground states, Nevada a...
FTC Sues to Block Kroger (KR) Acquisition of Albertsons (ACI)
The FTC sues to block Kroger's (KR) acquisition of grocery rival Albertsons (ACI). Kevin Hincks discusses this as Kroger says that blocking the merger would hurt consumers and workers.
Kroger slips as FTC moves to block Albertsons takeover
Kroger Co (NYSE:KR, ETR:KOG) shares were hit on Monday as the US Federal Trade Commission (FTC) launched an attempt, alongside eight states, to block the supermarket chain's takeover of Albertsons....
The FTC Will Lose Its Fight To Block The Kroger-Albertsons Merger
(Disclosure: I am an investor in Albertson's.)
FTC Legal Challenge Threatens Kroger-Albertsons $25 Billion Deal
Antitrust regulator The Federal Trade Commission filed a lawsuit Monday in an attempt to spike Kroger's long-running attempt to buy rival grocer Albertsons, claiming the merger of the two major gro...
Kroger-Albertsons Merger Challenged In Court By FTC, 8 States
The Federal Trade Commission—along with eight states and Washington, D.C.—filed a lawsuit Monday to block Kroger's proposed $24.6 billion acquisition of Albertsons, the largest proposed supermarket...
FTC Sues to Block $24.6 Billion Kroger-Albertsons Deal
The US Federal Trade Commission joined with eight states and Washington DC in suing to block Kroger Co.'s $24.6 billion acquisition of Albertsons Cos. Monday, arguing the tie-up would lead to lower...
FTC sues to block $25B Kroger-Albertsons deal, cites fears of grocery price hikes
The deal, which would create a grocery empire with more than 4,000 stores, has drawn tough scrutiny from lawmakers and consumer groups worried about higher grocery prices, job losses, store closure...
Kroger-Albertsons merger in jeopardy
The Federal Trade Commission is suing to block Kroger's proposed $24.6 billion deal to buy a major rival, saying it would lead to higher prices for millions of Americans.
FTC case over Kroger-Albertsons deal adds to earlier antitrust woes
The U.S. Federal Trade Commission said on Monday that it is suing block Kroger's $24.6 billion purchase of rival grocery chain Albertsons on antitrust grounds, adding to a slew of legal challenges ...
FTC Sues to Block Kroger-Albertsons Merger Over Higher Price Concerns
The deal would lead to higher food prices for consumers as well as lower wages for workers, the FTC says in a lawsuit filed in federal court in Oregon.
Kroger, Albertsons $25 billion merger fraught with roadblocks
The U.S. Federal Trade Commission (FTC) said on Monday it was suing to block Kroger's near $25 billion purchase of rival grocer Albertsons as it would eliminate "fierce competition."
FTC sues to block Kroger, Albertsons merger, arguing deal would raise grocery prices and hurt workers
The FTC, which was joined by a group of attorneys general, said the Kroger-Albertsons deal would hurt competition in the grocery industry.
Related Companies