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Several prominent mergers and acquisitions have been blocked or challenged by the Biden-Harris administration in 2024, ...
In a major victory for the Federal Trade Commission (FTC) and the Biden Administration, a federal judge has temporarily blocked the $25 billion merger between grocery giants Kroger (KR ...
When Kroger acquired Fred Meyer in 1999, the largest supermarket merger ever at the time, the FTC’s only stipulation was that the companies divest eight of their combined 2,200 stores.
“Albertsons is accusing Kroger of not doing enough to complete the deal, indicating communication from both the FTC and Albertsons was ignored. Not sure this was the case or even if the lawsuit ...
The FTC sued in February to halt on antitrust grounds downtown Cincinnati-based Kroger’s (NYSE: KR) plans to buy Boise, Idaho-based rival Albertsons (NYSE: ACI) in a deal involving the nation ...
But the FTC could look very different under President-elect Donald Trump. What does that mean for the Kroger-Albertsons merger going forward?
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges ...
A federal judge blocked the pending $25 billion merger of grocery chains Kroger and Albertsons on Tuesday, a win for the Federal Trade Commission that Kroger has said would likely scuttle the deal.
The FTC sued along with attorneys general from eight states and the District of Columbia. Colorado, like Washington, sued on its own to block the deal. Kroger defended the deal, saying it would ...
The FTC also raised concerns about the potential harm to grocery workers, claiming the merger would diminish their bargaining power for better wages and working conditions. Kroger and Albertsons ...