Analysts and the stock market are weighing in on what they expect to happen as closing arguments have wrapped up in Kroger Co ...
PORTLAND, Ore. – Attorneys for the Federal Trade Commission and Kroger and Albertsons ended their three-week court battle the ...
They say a merger also would help them compete with big rivals like Walmart, which now controls around 22% of U.S. grocery sales. Combined, Kroger and Albertsons would control around 13%.
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.
“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 Albertsons for $24.6 billion. In ...
U.S. District Judge Adrienne Nelson said she would move expeditiously to reach a decision but offered no timeline.
“It’s pretty terrifying,” said Tina McKim, a founding member of Birchwood Food Desert Fighters, a group that sprang up in ...
Attorneys for Kroger and Albertsons dismissed the state’s citing of a few embarrassing communications, claiming they had ...
On the opening day of the state trial over the Kroger-Albertsons merger, a packed court hears two starkly different versions ...
Blocking the Kroger-Albertsons’ merger deal won’t fix Americans’ queasy feelings when they get to the checkout register at ...