Kroger-Albertsons $25bn grocery merger blocked by US judge

The largest supermarket merger in US history has been blocked by a federal judge, handing a victory to federal antitrust regulators who argued Kroger’s $24.6bn purchase of Albertsons would harm consumers and workers. US district judge Adrienne Nelson in Oregon on Tuesday imposed a preliminary injunction on the takeover, which sends the proceedings to the Federal Trade Commission for further consideration.

The attorneys-general of Colorado and Washington separately filed lawsuits alleging harm in their states’ courts. The judge in the Washington case, Marshall Ferguson, issued a permanent injunction against the merger later on Tuesday, writing that “providing complete relief to Washington consumers necessarily requires an injunction that blocks the deal as a whole”. He said his decision was permitted under the US Constitution. Kroger and Albertsons said they were reviewing their options.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

US judge blocks $25bn Kroger-Albertsons grocery mergerDeal challenged by Federal Trade Commission would consolidate two of the country’s biggest supermarket operators
Fonte: FT - 🏆 113. / 51 Consulte Mais informação »

Sayona and Piedmont to merge to create $750m lithium companyBoth companies in a trading halt for a proposed transaction and capital raising
Fonte: MiningOnline - 🏆 117. / 51 Consulte Mais informação »