Kroger-Albertsons Hearing Begins in Federal Court As FTC Seeks to Prevent Grocery Giant Merger
Merger would eviscerate jobs; divestment to C&S would guarantee store closures, bankruptcies
The federal court hearing where the Federal Trade Commission (FTC) is seeking to enjoin the proposed merger of Kroger and Albertsons began on Monday in U.S. District Court in Portland, Oregon.
The two companies proposed what would be the largest supermarket merger in U.S. history in October 2022. But the Federal Trade Commission (FTC) sued to prevent the…
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