A federal judge temporarily halts the proposed supermarket merger of Kroger and Albertsons

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

U.S. District Court Judge Adrienne Nelson issued the ruling Tuesday after holding a three-week hearing in Portland, Oregon.

FILE – A digital-only coupon for Pampers brand baby wipes is displayed at a Kroger in Ann Arbor, Michigan, on Nov. 16, 2022. earlier this year, asking Nelson to block the $24.6 billion deal until an in-house administrative judge at the FTC could consider the merger’s implications.

But Kroger and Albertsons argued their merger would preserve consumer choice by allowing them to better compete against its growing rivals. In its testimony, that it might have to lay off workers, close stores and even exit some markets if the merger weren’t allowed to proceed.The FTC argued that C&S is ill-prepared to take on the stores and may want the option to sell or close them. But Kroger and Albertsons said C&S has the experience and national scale to handle the divestiture.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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