FTC and 9 states sue to block Kroger-Albertsons supermarket merger The Federal Trade Commission and 9 states want to stop the deal that would combine the country's two largest grocery store chains ...

Kroger and Albertsons saw their $24.6 billion merger blocked on Tuesday by judges in two separate cases, one brought by federal regulators and the other by the Washington state attorney general.

If the merger were completed, Kroger and Albertsons would operate more than 5,000 stores and about 4,000 retail pharmacies and employ nearly 700,000 workers across 48 states, according to the FTC.

But the FTC says the merger is anti-competitive and will harm consumers and workers. The companies have criticized the FTC’s lawsuit, and Kroger says it will appeal the decision.

A new legal maneuver: Kroger challenges FTC constitutionality In a new legal twist, Kroger sued to stop the FTC’s administrative trial , claiming it violates the constitution.

Kroger and Albertsons are facing off against the FTC in court over their proposed $24.6 billion merger.; The FTC argues the merger would reduce competition and raise grocery prices. The fate of ...

The Federal Trade Commission (FTC) sued to block Kroger’s $24.6 billion acquisition of the Albertsons, alleging the “largest proposed supermarket merger in U.S. history” could hurt ...

The FTC grocery suit focuses on Kroger, which owns Ralph's; and Albertsons, which owns Safeway. Together, the two companies have nearly 5,000 locations across the country.

FTC argues Kroger merger would harm unionized workers' bargaining power Policing anticompetitive conduct that affects workers is a priority for FTC Chair Khan Experts say FTC must prove union ...

With the FTC’s blessing, ... Kroger and Albertsons say their merger, which they expect to complete in 2024, will help them compete against larger chains and benefit shoppers, ...

If the FTC succeeds in keeping Kroger and Albertsons from forming a more powerful competitor, Walmart, the behemoth of food retailing, is likely to be the big winner.