Two top Kroger Co. executives took the stand Monday in the Denver District Court antitrust trial seeking to block the grocer’s $24.6 billion merger with Albertsons Cos., arguing the combination is key to competing with Walmart and will not harm Colorado consumers. “We are maniacally focused on Walmart and their pricing.

BING NEWS:
  • Kroger-Albertsons merger needed to close pricing gap with Walmart, executives testify
    Two top Kroger Co. executives took the stand Monday in the Denver District Court antitrust trial seeking to block the grocer’s $24.6 billion merger with Albertsons Cos., arguing the combination is key ...
    10/15/2024 - 3:20 am | View Link
  • As Kroger-Albertsons merger faces FTC scrutiny, state lawsuits add further hurdles
    In August, the Federal Trade Commission (FTC) made a motion for a preliminary injunction against the proposed $24.6 billion merger of Kroger and Albertsons, two of the largest supermarket chains ...
    10/7/2024 - 6:17 am | View Link
  • As Kroger-Albertsons merger faces FTC scrutiny, state lawsuits add further hurdles
    Much like in the FTC case, Kroger’s attorneys argued that non-unionized megastores like Walmart ... merger. As Salon has reported, Albertsons wanted to acquire the Safeway brand, but needed ...
    10/7/2024 - 2:00 am | View Link
  • Will a Kroger-Albertsons merger help customers or hurt them? What the FTC chair warns
    The largest proposed grocery merger in U.S. history is being challenged ... and more effectively compete with retail giants like Walmart. Many economists have long argued that when companies ...
    09/22/2024 - 11:59 am | View Link
  • Kroger-Albertsons merger now in hands of federal judge
    Kroger and Albertsons argued their merger would ... indicated C&S executives were skeptical about the quality of the stores they would get and may want the option to sell or close them.
    09/17/2024 - 9:53 am | View Link
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