Lawsuit to block Kroger-Albertsons merger goes to trial Monday

A lawsuit filed by the Washington state attorney general to block a proposed merger of Albertsons and Kroger begins in Seattle on Monday.

Ferguson will join members of the United Food and Commercial Workers International Union, at a rally being held outside Seattle City Hall during the court’s noon recess on Monday. “Free enterprise is built on companies competing, and that competition benefits consumers,” said Attorney General Ferguson in a statement released after the decision. “My legal team and I will continue working to protect Washington consumers and workers from increased prices and fewer choices.”

According to the Seattle Times, which cited statistics from Nielsen, more than half of the households in the Seattle-metro area shop most frequently at stores owned by one of the two companies. Albertsons and Kroger has contested assertions that C & S Wholesale would not be a viable operator. Attorneys argued C & S would be well-positioned to operate the stores and that their divestiture plan bears no resemblance to previous failed divestitures Safeway and Albertsons made to Haggen and Lawrence Bros.

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Bellwether trial in Kroger-Albertsons merger begins MondayMost Alaskans live in a community where the companies’ Fred Meyer and Safeway or Carrs stores directly compete with each other.
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Bellwether trial in Kroger-Albertsons merger begins MondayMost Alaskans live in a community where the companies’ Fred Meyer and Safeway or Carrs stores directly compete with each other.
منبع: KTOOpubmedia - 🏆 439. / 53 ادامه مطلب »

FTC lawsuit over Kroger-Albertsons merger is a political tightrope for Harris and TrumpPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
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