Kroger-Albertsons mega-merger blocked by federal judge; 'It was about jacking up their own earnings' says AG

  • 📰 FOX10Phoenix
  • ⏱ Reading Time:
  • 24 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 68%

Business Nouvelles

News,Consumer,Lifestyle

Arizona Attorney General Kris Mayes says the merger would've had a ripple of damaging effects to Arizona's economy, loss of jobs, and leaving residents in rural areas without basic necessities.

Arizona Attorney General Kris Mayes says the merger would've had a ripple of damaging effects to Arizona's economy, loss of jobs, and leaving residents in rural areas without basic necessities. She called December 10's ruling a win."It was about jacking up their own earnings and harming consumers."On Tuesday, a federal judge blocked Krober's proposed $25 million tie-up with Albertsons.

"These two companies employ 35,000 people in Arizona, and they have 250 grocery stores across the state, and they are two of the seven biggest employers in Arizona," she said.Fewer stores means a loss of jobs, loss of food and access to pharmacies. Leaving people like Cody Meyers worried for his parents."It makes it harder. Taking a trip out to get a prescription that they need. The more convenient it is for someone like them, it makes it easier.

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:

 /  🏆 83. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

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.

Judge rules to block $24.6 billion Kroger-Albertsons mergerA federal judge ruled Tuesday to block a $24.6 billion merger between American grocery giants Kroger and Albertsons.
La source: nbcchicago - 🏆 545. / 51 Lire la suite »

Federal judge temporarily halts Kroger and Albertsons proposed mergerA federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.
La source: 10News - 🏆 732. / 50 Lire la suite »

Federal judge temporarily halts Kroger, Albertsons proposed mergerA federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.
La source: FOXLA - 🏆 445. / 53 Lire la suite »

Federal judge blocks merger of Kroger and Albertsons, citing threat to competitionThe temporary injunction, which halts the merger while a Federal Trade Commission proceeding plays out, is expected to effectively torpedo that deal.
La source: adndotcom - 🏆 293. / 63 Lire la suite »

Federal judge temporarily halts proposed Kroger and Albertsons supermarket mergerA federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal
La source: ABC - 🏆 471. / 51 Lire la suite »

Federal judge temporarily halts Kroger and Albertsons mergerA federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal. U.S. District Court Judge Adrienne Nelson issued the ruling Tuesday after holding a three-week hearing in Portland, Oregon.
La source: AP - 🏆 728. / 51 Lire la suite »