Statement on FTC Victory Securing Halt to Kroger, Albertsons …
1 day ago · The U.S. District Court for the District of Oregon granted on December 10, 2024, the Federal Trade Commission’s request for a preliminary injunction to prevent Kroger Company from acquiring Albertsons Companies, Inc. in what would be …
The Kroger-Albertsons merger is officially dead. Here's why
17 hours ago · Oregon, Washington rulings deliver fatal blows to merger. Over the course of a three-week trial in Portland, attorneys with the Federal Trade Commission argued that the merger would eliminate ...
Judges in Oregon, Washington, block Kroger-Albertsons …
21 hours ago · “Kroger is disappointed in the opinions issued by the U.S. District Court for the District of Oregon and the Washington State Court, which overlook the substantial evidence presented at trial showing that a merger between Kroger and Albertsons would advance the company’s decades-long commitment to lowering prices, respecting collective bargaining agreements and is in the best interests of ...
Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger
1 day ago · Judge Adrienne Nelson of U.S. District Court in Oregon sided with the Federal Trade Commission in its lawsuit seeking to halt Kroger’s $24.6 billion acquisition of Albertsons, a rival grocery chain.
Judge blocks Albertsons-Kroger $25 billion supermarket merger - NBC News
1 day ago · A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling that the Federal Trade Commission's concerns about the merger's ...
Kroger-Albertsons merger blocked by federal judge - The Washington …
1 day ago · The ruling is a decisive win for the Federal Trade Commission, which has cracked down on megamergers on antitrust grounds. Updated December 10, 2024 at 6:18 p.m. EST yesterday at 6:18 p.m. EST
Trump taps Andrew Ferguson for FTC, Kimberly Guilfoyle as …
1 day ago · WASHINGTON (AP) — President-elect Donald Trump made another flurry of job announcements on Tuesday, selecting Andrew Ferguson as the next chair of the Federal Trade Commission, Ron Johnson was nominated to be ambassador to Mexico, and Kimberly Guilfoyle to be ambassador to Greece.. Ferguson, who is already one of the FTC’s five commissioners, will replace Lina Khan, who became a lightning ...
Proposed Kroger-Albertsons merger halted by federal, state …
1 day ago · But the Federal Trade Commission sued earlier this year, asking Nelson to block the $24.6 billion deal until an in-house administrative judge at the FTC could consider the merger. Attorneys ...
Kroger-Albertsons merger in court: 6 key takeaways
Nov 4, 2024 · During closing arguments in the Washington state hearing, lawyers representing the state pointed to evidence that showed C&S wanted to receive a better set of store banners and brands as part of the divestiture deal.
FTC Chair Lina Khan prepares to testify during a congressional …
16 hours ago · Praise for Federal Trade Commission Chair Lina Khan continued to pour in on Wednesday after a pair of judges blocked the merger of grocery chains Kroger and Albertsons following challenges by the FTC and state attorneys general. "The proposed Kroger-Albertsons merger would have led to higher prices at the grocery store and harmed workers," said U.S. Sen. Bernie Sanders.