A U.S. District Judge in Oregon has blocked a $25 billion-bid by supermarket giant Kroger to take over rival Albertsons after ruling that the Federal Trade Commission's concerns about the merger's ...
In February 2024, the Federal Trade Commission (FTC) and nine attorneys general sued to block the merger ... the colossus of a merged Kroger and Albertsons.” Judge Adrienne Nelson of the ...
Hours later, a state judge in Seattle permanently halted the merger in Washington state. Kroger and Albertsons, the country's two largest traditional supermarket chains, "engage in substantial ...
It comes a day after a judge blocked the planned tie-up. Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket ...
A US federal judge has imposed a temporary injunction on the proposed $24.6bn merger between grocery retailers Kroger and Albertsons, citing concerns over reduced competition in the grocery market.
Albertsons is seeking billions of dollars in damages from Kroger to make its ... as a target to complete the merger, but the Federal Trade Commission sued to block the move. The FTC alleged ...
The proposed merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the merger.U.S. District Court Judge Adrienne ...
(KOIN) — An Oregon federal judge has temporarily blocked the merger between two of the largest grocers in the U.S.: Kroger and Albertsons ... lawsuit that aimed to block the merger.
A federal judge in Oregon has blocked ... prevail in their argument that the merger violates antitrust law. The ruling does not kill the deal outright and can be appealed. But it marks a major setback ...
Kroger and Albertsons could choose to abandon their merger because of the preliminary injunction, but the order at the federal level “in no way forces them to do so,” Judge Nelson added ...
In February 2024, the Federal Trade Commission (FTC) and nine attorneys general sued to block the merger, arguing that the ... in Washington against the colossus of a merged Kroger and Albertsons.” ...
The federal case now moves to the FTC, although Kroger and Albertsons have asked a different federal judge to block the in-house proceedings. Colorado is also trying to halt the merger in its own ...