Although a court decision could still be weeks away, Wall Street analysts and investors are predicting the deal with Albertsons won’t get approved.
Kroger and Albertsons were expected to present their closing arguments Tuesday in a U.S. District Court hearing on their ...
The critical hearing in federal court into Kroger’s proposed $25 billion takeover of Albertsons will stretch into a fourth ...
Antitrust experts weighed in on key arguments and revelations from three weeks of testimony and legal maneuvering.
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“Consumers depend on competition,” FTC attorney Susan Musser told the court, dismissing the grocers’ argument that consumers ...
The largest ever supermarket merger was first proposed in October, 2022. Kroger announced that it planned to buy rival ...
The federal agency’s attorneys highlighted how the deal would impact local communities while the grocers’ lawyers said the agency was out of touch with the realities the industry and shoppers face.
A decision on the proposed merger between Kroger and Albertsons could be coming soon as the Federal Trade Commission hopes to ...
Kroger and Albertsons shares closed lower Tuesday after lawyers for the Federal Trade Commission (FTC) gave closing arguments ...
The FTC pushed back on claims that the merger would create lower prices for consumers and benefit the workforce.
Kroger argued its merger with Albertsons would lead to immediately lower prices for consumers, but the Federal Trade ...