Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than ...
During the heyday of American antitrust rulings, from the 1930s to the ’70s, few industries faced as much scrutiny as the ...
The impact on prices, and the American consumer, was a key point in the FTC's arguments against the merger of Kroger and Albertsons. Now that the merger has been called off, what's next?
In an unsealed complaint, Albertsons claims that Kroger’s hubris and reluctance to divest of stores sank their merger; Kroger has said its rival breached the agreement.
Several prominent mergers and acquisitions have been blocked or challenged by the Biden-Harris administration in 2024, ...
“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 ...
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal ...
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’s intervention in the Kroger-Albertsons deal is seen by many as a signal of heightened scrutiny for future retail ...
Key Takeaways Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the ...
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 ...