Today, U.S. District Judge Adrienne Nelson blocked grocery giant Kroger’s plan to acquire Albertsons, finding that the move would limit grocery sector competition.Food & Water Watch Senior Food Policy Analyst Rebecca Wolf issued the following statement:“This decision is a victory for common-sense antitrust enforcement that puts people ahead of corporations. Persistently high food prices are hitting Americans hard, and a Kroger-Albertsons mega-merger would have only made it worse.
”Food & Water Watch research into grocery sector consolidation details how growing market concentration reduces competition, and enables collusion and price fixing, leading to higher food prices for consumers, lower profits for farmers, and rising profits for grocery giants. Today, just four grocery retailers corner around 70 percent of the market.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Federal judge blocks Kroger's $25B acquisition of AlbertsonsA federal judge issued a ruling that blocks the proposed $25 billion merger between Albertsons and Kroger, which critics argued would reduce competition in the grocery industry.
Sumber: FoxBusiness - 🏆 458. / 53 Baca lebih lajut »
Federal judge blocks merger between Kroger, AlbertsonsA federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons.
Sumber: Mynorthwest - 🏆 438. / 53 Baca lebih lajut »
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.
Sumber: adndotcom - 🏆 293. / 63 Baca lebih lajut »
Judge blocks Albertsons-Kroger $25 billion supermarket mergerRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
Sumber: NBCNews - 🏆 10. / 86 Baca lebih lajut »
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.
Sumber: AP - 🏆 728. / 51 Baca lebih lajut »
Federal judge temporarily halts proposed Kroger-Albertsons mergerA federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.
Sumber: komonews - 🏆 272. / 63 Baca lebih lajut »