DENVER — A Colorado court battle that could have major implications for consumers nationwide began Monday.The Colorado Attorney General's Office began its case against the proposed multi-billion dollar merger between Kroger and Albertson's grocery store chains.According to the AG's Office, the two companies already account for more than half of all grocery sales in the state.
'The two grocery chains said the merger is the only way to give traditional grocery stores a fighting chance against growing competition from grocery services from Amazon and Walmart.How would a combined Kroger-Albertsons impact shoppers?According to Jack Buffington from the University of Denver, the potential merger could lead to higher prices in Colorado due to reduced competition.“King Soopers and Walmart are the two largest grocery stores in Colorado, and Safeway is third.
Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Colorado trial over Kroger-Albertsons merger begins on MondayDanielle Kreutter is a multimedia journalist for Denver7 KMGH in Denver, Colorado.
Kilde: DenverChannel - 🏆 239. / 63 Les mer »
Colorado next up to argue its case against Kroger-Albertsons mega mergerThe Colorado attorney general’s office will argue in next week that the merger of grocery store chains Kroger and Albertsons would harm customers, employees and area farmers.
Kilde: denverpost - 🏆 13. / 72 Les mer »
Albertsons and Kroger CEOs testify in pivotal trial over $24.6 billion mergerThe heads of Albertsons and Kroger took the stand today in a trial that will decide if a massive merger between the two companies can move forward.
Kilde: komonews - 🏆 272. / 63 Les mer »
Lawsuit to block Kroger-Albertsons merger goes to trial MondayA Washington state anti-trust lawsuit to block merger of Kroger and Albertsons begins
Kilde: Mynorthwest - 🏆 438. / 53 Les mer »
Kroger CEO defends potential Albertsons merger in federal court testimony: 'We will begin lowering prices'The $24.6 billion Kroger-Albertsons deal would be the largest grocery chain merger in U.S. history.
Kilde: CBSNews - 🏆 87. / 68 Les mer »
Kroger's CEO says shoppers would see lower prices after the chain's merger with AlbertsonsThe chief executive officer of Kroger has insisted that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart and Amazon.
Kilde: fox13seattle - 🏆 328. / 59 Les mer »