Mega-merger between Kroger and Albertsons delayed by a Colorado court

From left, A Kroger grocery store sign is seen in Flowood, Mississippi, in June 17. The Albertsons logo is displayed on a sign in front of an Albertsons grocery store in 2022 in Los Angeles.

“The trial is set to begin on September 30 and my office looks forward to making the case that this merger will eliminate competition and impact food prices, jobs and consumer choice,” Colorado State Attorney Phil Weiser said in a statement.Washington’s attorney general was the first to challenge Kroger’s proposed buying of smaller rival Albertsons in January. The Colorado lawsuit was set for a hearing on August 12.

“Today’s decision is welcome news as it eliminates the need for a preliminary injunction hearing in Colorado,” a Kroger spokesperson said.“The merger is not a done deal, far from it,” a statement from a coalition of unions said. “We remain focused on stopping the proposed mega-merger for the same reasons we have stated since it was first announced over 20 months ago — because we know it would harm workers, it would harm shoppers, it would harm suppliers and communities and it is illegal.

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FTC and State AGs Sue to Block Kroger-Albertsons 'Mega Merger'Jake Johnson is a senior editor and staff writer for Common Dreams.
منبع: commondreams - 🏆 530. / 51 ادامه مطلب »

Kroger, Albertsons agree to temporarily halt merger plans while Colorado lawsuit proceedsSupermarket chains Kroger and Albertsons on Thursday agreed to temporarily halt their proposed merger in Colorado until a judge has considered the state’s objections. Kroger and Albertsons announced their planned merger in October 2022.
منبع: AP - 🏆 728. / 51 ادامه مطلب »

Kroger-Albertsons merger temporarily halted by Colorado judge until SeptemberÓscar A. Contreras is a Murrow-nominated journalist who has been writing for the E.W. Scripps Company since January 2014.
منبع: DenverChannel - 🏆 239. / 63 ادامه مطلب »

Kroger-Albertsons merger could lead to sale of 91 stores across ColoradoKroger and Albertsons would unload 91 grocery stores in Colorado if the companies prevail in lawsuits and regulators’ opposition to a merger of the two large supermarket chains.
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91 Colorado grocery stores to be sold if Kroger-Albertsons merger goes throughJeff is a digital journalist with the Denver7 team.
منبع: DenverChannel - 🏆 239. / 63 ادامه مطلب »