Kroger-Albertsons merger blocked by federal judge

By Jaclyn Peiser Source: The Washington Post  A federal judge in Oregon blocked Kroger’s $24.6 billion acquisition of grocery rival Albertsons on Tuesday, marking the possible end of what would have been the largest supermarket merger in U.S. history. In issuing a temporary injunction, U.S. District Judge Adrienne Nelson said allowing the two [...]

2024-12-10T15:41:45-08:00December 10th, 2024|Tags: , |

As the clock ticks on the Kroger-Albertsons merger, the stakes for the grocers are rising, analysts say

By Sam Silverstein Source: Grocery Dive As Kroger and Albertsons’ high-stakes battle with the Federal Trade Commission to preserve their planned merger plays out in court, the time they’ve spent trying to combine has emerged as another key challenge for the supermarket companies, according to industry analysts. In particular, the [...]

2024-09-16T12:58:54-07:00September 10th, 2024|Tags: , , , |

Kroger sues to challenge FTC; key union pulls support for Albertsons merger

By Christine Blank Source: Seafood Source U.S. retailer Kroger filed a motion for preliminary injunction against the U.S. Federal Trade Commission's (FTC) challenge of its merger with Albertsons, one week after confirming it would lower grocery prices by USD 1 billion (EUR 900 million) if the merger is approved. Simultaneously, [...]

2024-08-21T12:10:17-07:00August 20th, 2024|Tags: , , |

Kroger-Albertsons merger should get a green light, four state attorneys general say

By Sam Silverstein Source: Grocery Dive The FTC’s bid to block the deal is based on an overly narrow definition of the grocery marketplace, the top legal officials of Ohio, Alabama, Georgia and Iowa said Wednesday in an amicus brief. Dive Brief: The attorneys general of Ohio and three other [...]

2024-08-19T09:48:33-07:00August 16th, 2024|Tags: , , , , , |

FTC to launch inquiry into high grocery prices

By Timothy Inklebarger Source: Supermarket News Federal Trade Commission Chair Lina Khan announced Thursday that the FTC and Department of Justice will launch in inquiry into high grocery prices. Khan made the announcement at the first public meeting of the Strike Force on Unfair and Illegal Pricing, where representatives from [...]

2024-08-06T12:54:12-07:00August 1st, 2024|Tags: , , , |

Albertsons execs to receive millions if Kroger merger approved

By Timothy Inklebarger Source: Supermarket News As Albertsons moves forward in its legal battle with the Federal Trade Commission and several state attorneys general over its proposed $24.6 billion purchase by Kroger, it’s upping the stakes on its legal efforts. According to a recent proxy statement filing with the Securities [...]

2024-06-27T12:24:27-07:00June 25th, 2024|Tags: , , , , |
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