Kroger-Albertsons merger in jeopardy

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

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.

The Federal Trade Commission sued to block the proposed $24.6 billion merger of Kroger and Albertsons, alleging that the deal is anticompetitive. The deal has faced fierce pushback from the government over concerns that it would lead to higher prices and lower-quality goods for millions of Americans.

"Kroger’s acquisition of Albertsons would lead to additional grocery price hikes for everyday goods, further exacerbating the financial strain consumers across the country face today," said Henry Liu, director of the FTC’s Bureau of Competition. Liu further argued that "workers would also suffer under this deal, facing the threat of their wages dwindling, benefits diminishing, and their working conditions deteriorating.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 458. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Colorado Attorney General announces lawsuit to block Kroger, Albertsons mergerJeff is a digital journalist with the Denver7 team.
Fuente: DenverChannel - 🏆 239. / 63 Leer más »

What happened to the dozen D-FW supermarkets sold in the last big grocery merger?Kroger has said it will sell 26 stores in Texas to comply with antitrust concerns around its proposed plan to buy Albertsons.
Fuente: dallasnews - 🏆 18. / 71 Leer más »