by the Federal Trade Commission, which claims the proposed $24.6 billion merger would lead to higher grocery prices through a reduction in marketplace competition, and also potentially negatively affect workers. Kroger has denied such claims, insisting that no stores, distribution centers or manufacturing facilities would be closed, and claiming that"customers will benefit from lower prices and more choices" through the merger.
The United Food and Commercial Workers union, which represents grocery workers, issued a statement Tuesday saying it continues to oppose the merger.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kroger and Albertsons to close these 63 grocery stores in California under mergerKroger and Albertsons are selling off nearly 600 stores across the country under their proposed merger, including more than 60 in California.
Source: FOXLA - 🏆 445. / 53 Read more »
Kroger discloses plan to sell 63 supermarkets in California as part of its merger with AlbertsonsSupermarket giant Kroger Co. announced plans to offload more than 60 supermarkets in California as part of its planned merger with Albertsons.
Source: latimes - 🏆 11. / 82 Read more »
FTC and State AGs Sue to Block Kroger-Albertsons 'Mega Merger'Jake Johnson is a senior editor and staff writer for Common Dreams.
Source: commondreams - 🏆 530. / 51 Read more »
Kroger-Albertsons merger would affect 124 WA grocery storesThe proposed Kroger-Albertsons merger would affect 124 grocery stores in Washington, and nearly 70 stores in the Seattle area would have to be sold off if the deal is approved.
Source: fox13seattle - 🏆 328. / 59 Read more »
These 124 Washington stores will be impacted by the Kroger-Albertsons mergerKroger and Albertsons revealed Tuesday the full list of 579 stores they will sell off to ease antitrust concerns over their proposed merger.
Source: Mynorthwest - 🏆 438. / 53 Read more »