FTC and 9 states sue to block Kroger-Albertsons supermarket merger

  • 📰 KTOOpubmedia
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

The deal would combine the country's two largest grocery store chains. The companies say they have to merge to compete with Walmart.

The companies have presented the deal as existential to surviving in the grocery business today. But the lawsuit, filed in federal court in Oregon on Monday, says it’s anticompetitive.

“This decision only strengthens larger, non-unionized retailers like Walmart, Costco and Amazon by allowing them to further increase their overwhelming and growing dominance of the grocery industry,” a Kroger spokesperson said in a statement.in areas of the country where they overlap. But the FTC says the proposed sale of stores is inadequate and “falls far short of mitigating the lost competition between Kroger and Albertsons.

Attorney generals of Arizona, California, the District of Columbia, Illinois, Maryland, Nevada, New Mexico, Oregon and Wyoming are joining the FTC in its lawsuit to block the deal.already have filed their own lawsuits to stop Kroger from buying Albertsons. But the companies’ plan recently won support of— representing workers in Oregon, Idaho and Washington — which argued that Albertsons’ owner would likely sell the company anyway, potentially to a worse outcome.

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

 /  🏆 439. 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 »

Kroger-Albertsons merger in jeopardyThe 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.
Fuente: FoxBusiness - 🏆 458. / 53 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 »