Kroger and Albertsons merger heads to federal court. Here’s what to know
On one side are supermarket chains Kroger and Albertsons, which say their planned merger will help them compete against rivals like Costco. 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.
Kroger CEO defends potential Albertsons merger in federal court testimony: "We will begin lowering prices"
The two companies proposed joining forces in October 2022 after Kroger agreed to purchase Albertsons. The Federal Trade Commission sued early this year to prevent the deal, alleging the merger would eliminate competition and raise grocery prices at a time of already high food price inflation.
The CEOs of Kroger and Albertsons Are in Court to Defend Plans for a Huge Supermarket Merger
The chief executives of Kroger and Albertsons are set to testify in federal court about their companies' proposed merger
FTC's bid to block Kroger-Albertsons merger heads to trial
It's the U.S. government versus two grocery store giants, as the trial to block the $25 billion merger between Kroger and Albertsons kicked off in court.
Kroger CEO defends potential Albertsons merger in court testimony
The chief executive officer of Kroger insisted Wednesday that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart and Amazon.
Kroger’s CEO says shoppers would see lower prices after the chain’s merger with Albertsons
Kroger CEO Rodney McMullen argued in favor of what would be the largest grocery chain merger in US history while testifying during a federal court hearing on Wednesday.
FTC attorney grills Albertsons exec about missing texts in Kroger merger hearing
The Federal Trade Commission has accused several Albertsons executives of destroying text messages that might have figured into the government’s case.
What's it like in courtroom in Kroger showdown with the FTC over the Albertsons merger?
Last week, a Kroger attorney said during the ongoing hearing at the U.S. District Court, "this merger will not occur" if the company doesn’t block regulator
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