Albertsons and Kroger merging

Here’s Why The Kroeger Albertsons Merger Was Blocked And What It Means For Consumers

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Here’s Why The Kroeger Albertsons Merger Was Blocked And What It Means For Consumers

A federal judge in Oregon halted Kroger’s £19.58 billion ($25 billion) merger with Albertsons, ruling that this colossal deal, the largest in US supermarket history, could stifle competition and ultimately hurt consumers. This ruling is a major blow to both chains, jeopardising the merger’s future. The judge issued a preliminary injunction, temporarily halting the deal, … Read more

Albertsons And Kroger CEOs Push For Merger Saying It’ll Allow Them To Lower Prices And Better Compete Against Walmart, Costco And Amazon

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Albertsons And Kroger CEOs Push For Merger Saying It’ll Allow Them To Lower Prices And Better Compete Against Walmart, Costco And Amazon

On Wednesday, the CEOs of Kroger and Albertsons defended their proposed merger before federal regulators, claiming it would help lower prices and better position them against retail giants like Walmart, Costco, and Amazon. Kroger CEO Rodney McMullen and Albertsons CEO Vivek Sankaran testified in Oregon’s U.S. District Court in response to the Federal Trade Commission’s … Read more