Bellwether trial in Kroger-Albertsons merger begins Monday

  • 📰 AKpublicnews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 55%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Most Alaskans live in a community where the companies’ Fred Meyer and Safeway or Carrs stores directly compete with each other.

Shoppers come and go from Fred Meyer and Carrs stores that face each other across the Seward Highway in Midtown Anchorage on Thursday, Aug. 8, 2024. The parent companies of the competing businesses, Kroger and Albertsons, want to merge.

“We stand prepared to defend this merger in the upcoming trial in federal court,” Kroger CEO Rodney McMullen said in. “The merger between Kroger and Albertsons is squarely focused on ensuring we bring customers lower prices starting day one while securing the future of good-paying union jobs.” The Federal Trade Commission, consumer advocacy groups, grocery labor unions and a lot of elected officials and regular people don’t believe the companies. They think the merged company would be too powerful, and will end up hurting regular shoppers and workers.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 387. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Kroger sues government for blocking merger with AlbertsonsJustin Boggs is a writer for the E.W. Scripps company. Justin covers anything from politics to sports and entertainment.
La source: 10News - 🏆 732. / 50 Lire la suite »

Kroger, Albertsons pledge to cut prices by $1 billion after mergerGrocery giants Kroger and Albertsons are looking to convince federal regulators that its proposed $25 billion merger won't negatively impact consumers by...
La source: dallasnews - 🏆 18. / 71 Lire la suite »

Wall Street skeptical as Kroger promises to slash grocery prices by $1B after Albertsons mergerThe merger has faced substantial legal hurdles and comes at a time of low consumer sentiment.
La source: nypost - 🏆 91. / 67 Lire la suite »

Kroger and Albertsons spending more than $800 million on merger feesKroger Co. and Albertsons Cos. have spent more than $800 million on fees to lawyers, bankers and advisers for their proposed merger, underscoring the high...
La source: dallasnews - 🏆 18. / 71 Lire la suite »

Lawmakers push to block Kroger-Albertsons merger amid competition concernsMore than two dozen members of Congress are working to stop a merger between Kroger and Albertsons.
La source: KUTV2News - 🏆 281. / 63 Lire la suite »