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.
'They are all dogs.' Texts could haunt Kroger merger with Albertsons
Aug 30, 2024 · PORTLAND, Ore. − Key to winning antitrust approval of its $25 billion takeover of Albertsons, Kroger plans to sell off 579 stores to what it has described as a “strong competitor,” so there would...
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 to...
Kroger’s fight against a federal agency could upend antitrust - CNN
Aug 20, 2024 · In the new lawsuit, Kroger argues that the FTC “clearly violates the Constitution” in two ways: The administrative law judge is not removable by the President of the United States and the case...
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 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.
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.
Kroger sues FTC, calling its in-house judges unconstitutional
NEW YORK, Aug 19 (Reuters) - Kroger (KR.N) 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...
FTC sues to block Kroger and Albertsons merger | AP News
Feb 26, 2024 · The Federal Trade Commission on Monday, Feb. 16, 2024, 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.
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...