A federal judge is hearing arguments over whether the $25 billion merger between Kroger and Albertsons should be allowed to continue. Some attorney generals, including Arizona’s Kris Mayes, argue the ...
Statements by Kroger CEO Rodney McMullen and the upcoming testimony of Albertsons CEO Vivek Sankaran were expected to be ...
Kroger CEO Rodney McMullen says that merging with Albertsons would allow the two supermarket companies to lower prices.
The chief executives of Kroger and Albertsons are set to testify in federal court about their companies' proposed merger ...
The executives testified at a hearing in Oregon on the FTC's attempt to block the merger of two of the country's largest ...
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 ...
The Federal Trade Commission alleges that the $24.6 billion merger would eliminate competition and raise grocery prices for ...
The CEO of Albertsons also testified that a a blocked merger may lead the company to exit some markets, close stores and lay ...
Attorneys for Krogers – the parent company of Fry's Food Stores in Arizona – Albertsons and the FTC delivered opening statements on Aug. 29, day one of the hearing focused on the proposed ...
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