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Kroger and Albertsons head to court to defend merger plan against US regulators' objections

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Kroger Nyheter

Albertsons,Federal Trade Commission,Court Hearing

Kroger and Albertsons will defend their plan to merge – and try to overcome the U.S. government’s objections – in a federal court hearing scheduled to begin ...

– and try to overcome the U.S. government’s objections – in a federal court hearing scheduled to begin Monday in Oregon.in U.S. history in October 2022. They say joining together would help them rein in costs and better compete with big rivals like Walmart and Costco.. The commission also alleged that quality would suffer and workers' wages and benefits would decline if Kroger and Albertsons no longer competed with each other.

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Kroger plans to lower prices by $1 billion after Albertsons merger closesKroger had previously promised to lower grocery prices by $500 million at Albertsons locations. The supermarket mega-merger, first announced in October 2022...
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