News Formal

Federal Trade Commission hears employee concerns over grocery store merger

  • 📰 9NEWS
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Kroger an Albertsons, owners of King Soopers and Safeway, have worked on a merger for over a year— but a town hall today showed garnering support has not been easy.

Lina Khan runs the Federal Trade Commission, which reviews mergers. She sat in on a listening session, with Attorney General Phil Weiser, to hear concerns.DENVER — Attorney General Phil Weiser and Federal Trade Commission Chair Lina Kahn held a listening session about a proposed merger with the companies that own King Soopers and Safeway.

Kahn could be the main federal official to try to block the deal. The trade commission enforces consumer protection laws and guards against unfair business practices, and it's also tasked with reviewing mergers. While the FTC continues to investigate, she and Weiser heard people's thoughts about the deal.Colorado's Jena Griswold, officials from 6 states oppose Kroger-Albertsons merger

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 238. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why this verdict could upend the real-estate industry’s commission structureAarthi Swaminathan is a MarketWatch personal finance reporter.
Source: MarketWatch - 🏆 3. / 97 Read more »