US court blocks Kroger's $25 billion acquisition of grocery rival ...

3 days ago · Item 1 of 4 A shopper walks down an aisle in an Albertsons supermarket after a U.S. judge blocked the pending $25 billion merger of U.S. grocery chains Kroger and Albertsons, …

CouponFollow Extension

$25
OFF

US Court Blocks Kroger's $25 Billion Acquisition Of Grocery Rival ...

2 weeks from now

3 days ago · Item 1 of 4 A shopper walks down an aisle in an Albertsons supermarket after a U.S. judge blocked the pending $25 billion merger of U.S. grocery chains Kroger and Albertsons, …

reuters.com

$25
OFF

Federal Judge Blocks Kroger’s $25 Billion Mega-merger With …

2 weeks from now

3 days ago · A federal judge in Oregon blocked Kroger’s proposed $25 billion tie-up with Albertsons, ruling that the largest merger in US supermarket history would limit competition …

cnn.com

$25
OFF

Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger

2 weeks from now

3 days ago · Judge Adrienne Nelson of U.S. District Court in Oregon sided with the Federal Trade Commission in its lawsuit seeking to halt Kroger’s $24.6 billion acquisition of Albertsons, a rival …

nytimes.com

$25
OFF

Judge Blocks Albertsons-Kroger $25 Billion Supermarket Merger

2 weeks from now

3 days ago · A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling that the Federal Trade Commission's concerns …

nbcnews.com

$25
OFF

US Court Blocks Kroger's $25 Bn Supermarket Mega-merger

2 weeks from now

4 days ago · A US judge suspended supermarket giant Kroger's planned $24.6 billion acquisition of rival chain Albertsons on Tuesday in a win for the Federal Trade Commission, which had …

barrons.com

$25
OFF

Two Rulings: Federal And Washington State Judges Block Kroger

2 weeks from now

Two judges, one federal and another in Washington state, ruled on Tuesday against Kroger’s $25 billion takeover bid for Albertsons, granting court orders blocking the deal. After holding a more ...

msn.com

$25
OFF

Federal Judge Blocks Kroger’s $25 Billion Mega-merger With

2 weeks from now

3 days ago · New York (CNN) — A federal judge in Oregon blocked Kroger’s proposed $25 billion tie-up with Albertsons, ruling that the largest merger in US supermarket history would limit …

kwwl.com

$25
OFF

Federal Judge Blocks Kroger’s $25 Billion Mega-merger With …

2 weeks from now

3 days ago · New York (CNN) — A federal judge in Oregon blocked Kroger’s proposed $25 billion merger with Albertsons, ruling that the deal would limit competition in the grocery industry and …

channel3000.com

$25
OFF

US Government Sues To Block Kroger And Albertsons’ $25 Billion …

2 weeks from now

Feb 26, 2024 · The Federal Trade Commission on Monday sued to block the $25 billion deal between Kroger and Albertsons, alleging the largest supermarket merger in US history would …

cnn.com

$25
OFF

US Courts Block Kroger's $25 Bn Supermarket Mega-merger - MSN

2 weeks from now

Two US courts ruled against supermarket giant Kroger's planned $24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the merger in a win for the …

msn.com

$43
OFF

US Supermarket Mega-merger: Court Blocks Kroger’s $43 Billion …

2 weeks from now

3 days ago · A US judge suspended supermarket giant Kroger’s planned US$24.6 billion (NZ$43b) acquisition of rival chain Albertsons in a win for the Federal Trade Commission …

nzherald.co.nz

$25
OFF

Kroger’s Fight Against A Federal Agency Could Upend Antitrust

2 weeks from now

Aug 20, 2024 · The lawsuit alleges the Federal Trade Commission is violating the US Constitution by using an in-house tribunal to challenge Kroger’s $25 billion mega-merger with Albertsons — …

cnn.com

$25
OFF

Federal Court Blocks Kroger’s “Anti-Competitive” $25 Billion …

2 weeks from now

2 days ago · A federal judge has blocked grocery chain Kroger’s $25 billion merger with Albertsons, siding with the Federal Trade Commission, which called the deal anti-competitive. …

democracynow.org

$25
OFF

Albertsons Sues Kroger, Terminates $25 Billion Merger - San.com

2 weeks from now

3 days ago · Albertsons claims Kroger didn’t do what was necessary to get regulatory approval for the deal. “Albertsons is seeking billions of dollars in damages from Kroger to make Albertsons …

san.com

9%
OFF

Albertsons Sues Kroger, Terminates Merger After Judge Blocks

2 weeks from now

Kroger’s plan to acquire Albertsons aimed to combine the two largest pure-play U.S. supermarket companies, representing about 9% and 5% of the market, respectively.

msn.com

$25
OFF

US Court Blocks Kroger’s US$25 Billion Supermarket Mega-merger

2 weeks from now

3 days ago · A US judge suspended supermarket giant Kroger’s planned US$24.6 billion acquisition of rival chain Albertsons on Tuesday in a win for the Federal Trade Commission, …

businesstimes.com.sg

$25
OFF

Kroger's $25-billion Supermarket Mega-merger Blocked In Court

2 weeks from now

P ortland, Oregon - Two US courts ruled against supermarket giant Kroger's planned $24.6-billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the merger in a ...

msn.com

FAQs about US court blocks Kroger's $25 billion acquisition of grocery rival ... Coupon?

Did a Judge Block Kroger & Albertsons merger?

A U.S. judge blocked the pending $25 billion merger of U.S. grocery chains Kroger KR.N and Albertsons on Tuesday, siding with the U.S. Federal Trade Commission in a win for the Biden administration. ...

Why did a federal judge block a grocery store merger?

The ruling, citing a potential loss of competition, was a victory for the Federal Trade Commission. Later, a Washington State judge blocked the deal on similar grounds. The biggest grocery store merger in U.S. history was dealt a double blow on Tuesday: Within less than two hours, both a federal and a state judge moved to block the deal. ...

Why did the FTC block Kroger & Albertsons merger?

In February, the FTC sued to block the $25 billion deal between Kroger and Albertsons that was announced in 2022. The agency argued the merger would lift prices, shut stores and wipe out jobs. Kroger has argued the deal would do the exact opposite, helping the supermarket chains compete against non-union giants including Amazon, Costco and Walmart. ...

Will Kroger's merger reduce competition?

Separately, both judges agreed with regulators the merger posed a risk to reducing competition and also expressed doubts that Kroger's divestiture plan would alleviate the loss of a strong rival. Though a major setback for the grocers, the ruling is subject to appeal. Kroger said Tuesday it was "disappointed" and "reviewing its options." ...

Is Kroger going back to the drawing board?

"For both firms, it is now a case of putting this distraction behind them and going back to the drawing board," he added. Kroger, the supermarket giant which owns Food 4 Less among other grocery brands, was blocked by a US judge in its proposed merger with rival chain Albertsons. Photo: Frederic J. BROWN / AFP Source: AFP ...

Why did a federal judge block a merger?

Her preliminary injunction placed the merger on shaky ground as it heads to the final step to determine the deal’s fate: the F.T.C.’s internal administrative process. About an hour after the federal ruling, a judge in Washington State also blocked the deal on the grounds that it could substantially lessen competition. ...