Kroger hiked milk, egg prices above inflation, merger judge is told

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Nederland Laatste Nieuws,Nederland Headlines

In an email to his bosses, Kroger’s senior director for pricing acknowledged that the company had raised its prices more than required to adjust for higher costs.

Updated: 18 seconds agoA customer removes her purchases at a Kroger grocery store in Flowood, Miss., Wednesday, June 26, 2019.

In a March 2024 email to his bosses, Andy Groff, Kroger’s senior director for pricing, acknowledged that the company had raised its prices more than required to adjust for higher costs.Groff testified about his email as part of a federal antitrust lawsuit by the Federal Trade Commission and a group of states to block Kroger from buying the Albertsons chain. U.S. District Judge Adrienne Nelson in Portland is expected to rule on whether to stop the $24.6 billion acquisition from moving forward.

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Nederland Laatste Nieuws, Nederland Headlines

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