What’s next for Kroger following its failed bid to buy Albertsons? Will the divorce affect Rodney McMullen’s future? Will the ...
Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's ...
During the heyday of American antitrust rulings, from the 1930s to the ’70s, few industries faced as much scrutiny as the ...
President-elect Trump's return to the White House could bring an uptick in mergers and acquisitions, as markets anticipate tax and regulatory reforms that will boost dealmaking.
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 ...
The FTC successfully argued that the merger would raise prices by eliminating competition and weaken union bargaining power. Kroger and Albertsons countered that they needed to merge to compete ...
Last month, the FTC revived a long-dormant anti-monopoly law to take on the nation’s largest wine and spirits distributor.
In its efforts to block the acquisition the FTC said the deal would reduce competition as well as lead to higher prices for US grocery shoppers and lower wages for workers. "Kroger and Albertsons ...
Several prominent mergers and acquisitions have been blocked or challenged by the Biden-Harris administration in 2024, ...
The grocery store operators had said they’d be able to cut prices by combining, but regulators and courts disagreed. Now they ...