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’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...
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...
What's it like in courtroom in Kroger showdown with the FTC over …
Sep 4, 2024 · PORTLAND, Ore. - After more than a week of the Federal Trade Commission’s antitrust case against Kroger’s $25 billion bid to take over rival Albertsons, you might wonder what it’s like in the...
Kroger and regulators spar to the end of hearing over Albertsons …
Sep 18, 2024 · PORTLAND, Ore. – Attorneys for the Federal Trade Commission and Kroger and Albertsons ended their three-week court battle the same way they started: diametrically opposed over whether the...
Surging grocery prices in focus as US tries to stop Kroger deal
PORTLAND, Oregon, Aug 26 (Reuters) - The U.S. Federal Trade Commission argued in federal court on Monday that Kroger's (KR.N) $25 billion merger with rival grocer Albertsons (ACI.N) is bad for...
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...
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.
Antitrust experts: Issues in the Kroger-Albertsons merger case
Sep 15, 2024 · Antitrust experts say it’s close but indicate the FTC might be making its case. Meanwhile, the companies seeking to create at $208 billion supermarket giant with 4,400 stores and 640,000 workers ...