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FTC Legal Challenge Threatens Kroger-Albertsons $25 Billion Deal
01:25pm, Monday, 26'th Feb 2024
Antitrust regulator The Federal Trade Commission filed a lawsuit Monday in an attempt to spike Kroger's long-running attempt to buy rival grocer Albertsons, claiming the merger of the two major grocer
Kroger-Albertsons Merger Challenged In Court By FTC, 8 States
01:08pm, Monday, 26'th Feb 2024
The Federal Trade Commission—along with eight states and Washington, D.C.—filed a lawsuit Monday to block Kroger's proposed $24.6 billion acquisition of Albertsons, the largest proposed supermarke
FTC Sues to Block $24.6 Billion Kroger-Albertsons Deal
12:51pm, Monday, 26'th Feb 2024
The US Federal Trade Commission joined with eight states and Washington DC in suing to block Kroger Co.'s $24.6 billion acquisition of Albertsons Cos. Monday, arguing the tie-up would lead to lower wa
FTC sues to block $25B Kroger-Albertsons deal, cites fears of grocery price hikes
12:38pm, Monday, 26'th Feb 2024
The deal, which would create a grocery empire with more than 4,000 stores, has drawn tough scrutiny from lawmakers and consumer groups worried about higher grocery prices, job losses, store closures a
Kroger-Albertsons merger in jeopardy
12:31pm, Monday, 26'th Feb 2024
The Federal Trade Commission is suing to block Kroger's proposed $24.6 billion deal to buy a major rival, saying it would lead to higher prices for millions of Americans.
FTC case over Kroger-Albertsons deal adds to earlier antitrust woes
12:29pm, Monday, 26'th Feb 2024
The U.S. Federal Trade Commission said on Monday that it is suing block Kroger's $24.6 billion purchase of rival grocery chain Albertsons on antitrust grounds, adding to a slew of legal challenges fro
FTC Sues to Block Kroger-Albertsons Merger Over Higher Price Concerns
12:20pm, Monday, 26'th Feb 2024
The deal would lead to higher food prices for consumers as well as lower wages for workers, the FTC says in a lawsuit filed in federal court in Oregon.
Kroger, Albertsons $25 billion merger fraught with roadblocks
12:13pm, Monday, 26'th Feb 2024
The U.S. Federal Trade Commission (FTC) said on Monday it was suing to block Kroger's near $25 billion purchase of rival grocer Albertsons as it would eliminate "fierce competition."
FTC sues to block Kroger, Albertsons merger, arguing deal would raise grocery prices and hurt workers
12:00pm, Monday, 26'th Feb 2024
The FTC, which was joined by a group of attorneys general, said the Kroger-Albertsons deal would hurt competition in the grocery industry.
FTC Sues to Block $25 Billion Kroger-Albertsons Merger
12:00pm, Monday, 26'th Feb 2024
The Federal Trade Commission sued to block Kroger's bid for rival Albertsons, throwing into uncertainty the fate of one of the largest supermarket deals in history.
FTC, states could sue over Kroger-Albertsons $24.6 bln deal next week, Bloomberg reports
02:42pm, Tuesday, 20'th Feb 2024
The United States Federal Trade Commission and a group of states could sue as soon as next week to block grocer Kroger's proposed $24.6 billion deal to buy smaller rival Albertsons , Bloomberg News re
Colorado sues to stop $25 billion Kroger-Albertsons merger
02:51pm, Wednesday, 14'th Feb 2024
Colorado's attorney general filed a lawsuit on Wednesday seeking to block Kroger's proposed $25 billion acquisition of rival supermarket chain Albertsons , saying consumers would be hurt, as the U.S.
Kroger pledges to lower prices for consumers when its planned merger with Albertsons closes
08:12am, Tuesday, 13'th Feb 2024
Kroger Inc. KR, +0.95% said Tuesday it will lower prices for customers when its planned merger with Albertsons Cos. Inc. ACI, +0.33% closes, noting that it has done the same with previous deals.
4 Consumer Product Stocks to Keep an Eye On Amid Industry Woes
09:30am, Wednesday, 31'st Jan 2024
The Zacks Consumer Products - Staples industry participants are battling a tough operating landscape, alongside incurring high SG&A costs. However, innovation and saving efforts have been aiding Kimbe
Washington state sues to block Kroger-Albertsons merger, says deal would raise prices, limit options
12:20pm, Wednesday, 17'th Jan 2024
Kroger and Albertsons announced plans in 2022 to merge, but the proposed deal is getting pushback from Washington state Attorney General Bob Ferguson.
