The FTC argues the proposed $24.6 billion merger between grocery giants Kroger and Albertsons could eliminate competition. Latest U.S.

Kroger sues FTC over $25B grocery merger over ‘unlawful’ review that ... “The FTC’s tunnel vision in this case risks chilling the very competition that it seeks to protect,” Ohio’s ...

The FTC’s analysis found issues with future pricing, job security and the capabilities of a company that would purchase stores across 17 states from Kroger to satisfy antitrust issues and keep ...

Of 22 analysts surveyed by FactSet, 12 have an overweight or buy rating, nine have a hold rating, and one has a sell rating for Kroger. “As we near the close of the FTC’s preliminary ...

Two rulings — in federal and state courts — make it increasingly likely that Kroger might abandon its $24.6 billion plan to buy Albertsons. The merger aimed to combine two of America's largest ...

The Federal Trade Commission filed a lawsuit to block Kroger’s planned $24.6 billion acquisition of Albertsons. The Federal Trade Commission has filed a lawsuit Feb. 26 to block Kroger Co.’s ...

The FTC won’t comment on the Kroger-Albertsons proposal, but according to their merger review process “once both companies have substantially complied … the agency has an additional 30 days ...

Kroger sued the Federal Trade Commission on Monday, seeking to block the regulator from reviewing the grocery chain's proposed $25 billion merger with smaller rival Albertsons, calling the FTC's ...

FTC, states challenge Kroger's $25 billion grocery merger with Albertsons. The lawsuit is the latest move by the Biden administration aimed at boosting the power of consumers and workers.

Kroger will shutter about five percent of its grocery stores — or approximately 60 store locations across the country — over the next 18 months, the company announced in its first quarter earnings ...

Kroger case tests FTC Chair Khan's bid to protect workers. By Jody Godoy. August 27, 2024 12:02 AM UTC Updated August 27, 2024 Item 1 of 2 New York City, May 22, 2024. REUTERS ...

Grocery giant Kroger sued the Federal Trade Commission on Monday, challenging an administrative proceeding meant to block its proposed $24.6 billion merger with rival Albertsons. The lawsuit ...