The U.S. Wants to Stop the Kroger-Albertsons Merger. A History of Supermarkets Under Attack.
The combined companies would have less market share than Walmart, the nation's top grocer these days.
A Kroger exec reportedly testified that the supermarket giant raised prices of milk and eggs beyond inflation costs
A Kroger executive reportedly testified that the company raised milk and egg prices beyond inflation. The testimony comes amid a legal battle over Kroger's proposed $24.6 billion merger with Albertsons.
Wall Street Analysts See Kroger (KR) as a Buy: Should You Invest?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Kroger (KR) Increases Despite Market Slip: Here's What You Need to Know
In the closing of the recent trading day, Kroger (KR) stood at $52.77, denoting a +1.58% change from the preceding trading day.
Kroger and Albertsons merger heads to federal court. Here's what to know
The largest proposed grocery store merger in U.S. history is going to court.
Kroger and Albertsons defend merger plan in federal court against FTC's objections
PORTLAND, Ore. — Supermarket chain Albertsons told a federal judge Monday that it might have to lay off workers, close stores and even exit some markets if its planned merger with Kroger isn't allowed to proceed.
Kroger and Albertsons Confront a Skeptical F.T.C. in federal court
The Federal Trade Commission, which is trying to block Kroger's plan to acquire Albertsons, said in court that the merger of grocery giants would also hurt workers' pay and benefits.
Kroger-Albertsons merger heads to trial
The FTC lawsuit to block the Albertsons-Kroger merger went to trial on Monday, with the agency arguing the deal undermines competition and the companies saying it will help consumers.
Kroger-Albertsons $25B merger hurts shoppers, FTC says as trial kicks off
e asking the judge to let the deal proceed, saying the tie-up is necessary to compete with multinational corporations like Walmart.
Kroger case tests FTC Chair Khan's bid to protect workers
Federal Trade Commission Chair Lina Khan's initiative to use antitrust laws to protect workers faces a key test on Monday when the agency will argue the merger between grocery chain Kroger and its rival Albertsons would crush unionized workers' bargaining power.
US FTC's bid to block Kroger-Albertsons merger heads to trial
The U.S. Federal Trade Commission will argue Kroger's $25 billion merger with rival grocer Albertsons is bad for shoppers and workers when the agency's lawsuit goes to trial in federal court in Portland, Oregon, on Monday.
Kroger and Albertsons hope to merge but must face a skeptical U.S. government in court first
On one side are supermarket chains Kroger and Albertsons, which say their planned merger will help them compete against rivals like Costco COST. On the other side are antitrust regulators from the Federal Trade Commission, who say the merger would eliminate competition and raise grocery prices in a time of already high food price inflation.
