The regulator is trying to stop the largest supermarket merger in history, arguing that the deal would eliminate competition and raise prices for consumers.
Category: Kroger Company
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Kroger Agrees to Pay $1.2 Billion to Settle Opioid Claims
The grocery chain, which did not admit wrongdoing, is the latest company accused of helping to fuel the opioid crisis to announce a settlement.
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Aldi to Buy 400 Winn-Dixie and Harveys Supermarket Stores
The German supermarket chain said that it would convert some of the Winn-Dixie and Harveys stores acquired in the deal, which is expected to close in early 2024.
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Grocery Store Merger Faces Long Road Before Approval
The New York Times – Business:Consumer advocates, unions and independent grocers are against a deal that would join Kroger and Albertsons, and be lucrative for investors.
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Attorneys General Sue to Stop Dividend Tied to Kroger-Albertsons Deal
The New York Times – Business:The suit could portend other regulatory battles to come as the supermarket chains look to close their nearly $25 billion merger.
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Kroger and Albertsons Announce Plan to Merge in $25 Billion Deal
The New York Times – Business:The deal, an effort to bulk up against deep-pocketed rivals Walmart and Amazon, is likely to invite serious antitrust scrutiny from regulators.
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What the $24.6 Billion Kroger-Albertsons Merger Could Mean for Groceries
The New York Times – Business:Two of the largest U.S. supermarket chains hope to join forces as inflation pushes food prices higher and as Amazon and Walmart become more powerful.
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A “Roller Coaster” Day Whipsaws Markets
The New York Times – Business:Not even a worse-than-expected inflation report could sap investor enthusiasm. But analysts and traders worry that unpredictable market moves will continue.
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Kroger and Albertsons, Grocery Giants, Are Said to Be in Talks to Merge
The New York Times – Business:A deal could be the industry’s largest in years and would almost certainly invite antitrust scrutiny from regulators.