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US FTC suing to block $25bn Kroger-Albertsons supermarket deal

The US Federal Trade Commission and eight states said on Monday (February 26) they are suing to block supermarket chain Kroger's $24.6 billion deal to buy smaller rival Albertsons, saying it would boost grocery prices for millions of Americans.

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 and diminishing choice for consumers. ....

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Federal Antitrust Enforcement in Health Care: 2023 Year in Review–Part 3 | Manatt, Phelps & Phillips, LLP

In 2023, the DOJ continued its aggressive criminal antitrust enforcement agenda in health care, with mixed results in labor markets. In speeches, the DOJ asserted that its commitment to. ....

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Lawmakers Call On US Regulator To Thwart Kroger-Albertsons Deal

Six US lawmakers wrote to the Federal Trade Commission (FTC) expressing their opposition to the proposed acquisition of Albertsons by Kroger. ....

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Grocery Workers Could Lose Over $300 Million Annually With Kroger-Albertsons Merger: Memo

The merger will reportedly lower wages for 746,000 grocery store workers across more than 50 metropolitan areas in the country. ....

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Kroger to Buy Albertsons; What Does That Mean For Lafayette?

Kroger says they are planning to buy Albertsons as part of a $25 billion deal. ....

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