Statement on FTC Victory Securing Halt to Kroger, Albertsons Grocery Merger

News Competition Statements & Speeches

Date: 10th Dec, 2024 Source: Federal Trade Commission Country: USA Original Source

Brief

"On December 10, 2024, the U.S. District Court for the District of Oregon granted a preliminary injunction to prevent Kroger Company's acquisition of Albertsons Companies, Inc. The Federal Trade Commission (FTC) and state attorneys general successfully blocked the $24.6 billion merger, citing concerns over higher prices for essential groceries and protecting union employees' paychecks."

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Statement on FTC Victory Securing Halt to Kroger, Albertsons Grocery Merger

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Statement on FTC Victory Securing Halt to Kroger, Albertsons Grocery Merger

Brief

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