Alaska advocates celebrate halted Kroger-Albertsons merger

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. temporarily blocking the proposed mergerIn Alaska, Kroger owns 11 Fred Meyer stores, while Albertsons owns 24 Carrs or Safeway stores as well as the Crow Creek Mercantile in Girdwood.

“The grocery store competition we have is crucial to keeping prices fair, preserving consumer choice and supporting the community wellbeing,” she said. “This decision is a win for all Alaskans who rely on accessible and affordable food options, and we hope that it will effectively put an end to this monopoly threat.”also opposed the merger.

Officials with Albertsons and Kroger argued that the merger was necessary for the businesses to compete with major retailers that also sell food like Wal-Mart, Costco and Amazon. Shaughnessy Smith said she hopes the wide opposition to the merger will discourage the grocery chains from appealing the courts’ decisions.

“We’re hoping that with the large amount of bipartisan opposition from all levels of government, as well as this decision from a federal court, that the companies will not pursue further legal action,” she said.“A blocked merger means protecting produce on our shelves, good-paying jobs in our communities, and preservation of our way of life,” she wrote.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Alaska advocates celebrate halted Kroger-Albertsons mergerAs part of the merger, the companies were prepared to sell off 18 of the state’s grocery stores.
Sumber: AKpublicnews - 🏆 387. / 55 Baca lebih lajut »

$25 Billion Kroger-Albertsons Merger Blocked By Federal JudgeThe judge sided with the Federal Trade Commission, which raised antitrust concerns over the merger.
Sumber: Forbes - 🏆 394. / 53 Baca lebih lajut »

Proposed merger of Kroger and Albertsons is halted by federal, state judgesThe proposed merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the merger.
Sumber: fox13 - 🏆 550. / 51 Baca lebih lajut »

Proposed merger of Kroger and Albertsons is halted by federal, state judgesA federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons.
Sumber: KTVF11 - 🏆 267. / 63 Baca lebih lajut »