In an historic ruling for labor and antitrust advocates, a federal judge blocked the $25 billion merger of grocery giants Kroger and Albertsons.
Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.
BOTH COMPANIES WERE FACING MULTIPLE LAWSUITS, LAWSUITS TRYING TO STOP THE MERGER. THEY CLAIM IT WOULD LEAD TO LOWER PRICES, BUT A FEDERAL JUDGE DISAGREEING TODAY. NEITHER KROGER NOR ALBERTSONS ...
Albertsons announced it is pulling out of its plans to merge with Kroger, citing two court rulings barring the transaction.
After holding a more than three-week "mini-trial" in August and September, Judge Adrienne Nelson decided the Federal Trade ...
BOTH COMPANIES WERE FACING MULTIPLE LAWSUITS, LAWSUITS TRYING TO STOP THE MERGER. THEY CLAIM IT WOULD LEAD TO LOWER PRICES, BUT A FEDERAL JUDGE DISAGREEING TODAY. NEITHER KROGER NOR ALBERTSONS ...